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Tax Bracket Creep Will Continue to Drive NJ Income Tax Bills Higher

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the staff of the Ridgewood blog

Ridgewood NJ, as the Internal Revenue Service (IRS) announced changes to federal income tax brackets to protect workers from inflation, Senator Anthony M. Bucco called for New Jersey lawmakers to advance his legislation to prevent tax bracket creep at the state level for New Jerseyans.

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Ridgewood Board of Education President Mike Lembo Violates IRS Regulations With Sommerville-Hawes Dads Night Campaign Email

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the staff of the Ridgewood blog

Ridgewood NJ, the Ridgewood Board of Education President Mike Lembo used the Sommerville-Hawes Dads Night email list to send out a promotional email for his Ridgewood Board of Education campaign in volition of the and ban on political activity by 501(c)(3) organizations.

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Tax Evasion Statute of Limitations: What to Know

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According to the U.S. Sentencing Commission, fewer than 400 people are sent to jail each year for committing tax fraud. That’s an incredibly low number when you consider that 330 million people live in the U.S. right now.

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Hoboken Woman Pleads Guilty to Stealing over $1.5 million from over 100 Victims made up mainly of Non-profits, Private Schools, and Religious Institutions

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the staff of the Ridgewood blog

Hoboken NJ, a Hudson County, New Jersey, woman pleaded guilty today to stealing over $1.5 million from over 100 victims made up mainly of non-profits, private schools, and religious institutions throughout New Jersey, U.S. Attorney Philip R. Sellinger announced.

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WalletHub Study: New Jersey Has the 9th Highest Tax Rates in the Country

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the staff of the Ridgewood blog
Ridgewood NJ, with Tax Day looming and 81% of people being more worried about inflation than taxes this year, WalletHub today released its 2023 Taxpayer Survey, as well as its yearly report on the States with the Highest & Lowest Tax Rates, in order to help people better understand this confusing time of year. You can find highlights from both below, followed by the full list of WalletHub’s 2023 taxpayer resources.

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New IRS Army Should Start by Auditing Members of Congress , Cabinet Appointees , US Government Agency Heads

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the staff of the Ridgewood blog

Ridgewood NJ, the 87,000 new agents being hired by the IRS will make the IRS larger than the US Army . The IRS will have 3.6 million employees compared to the US Army of 1.4 million . The head of the Internal Revenue Service claims that the tax collecting agency will “absolutely not” use $80 billion in new funding to step up audits of low- and middle-income Americans, but recent history would refute that .

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Former North Haledon Union Benefit Plan Administrator Admits Tax Evasion And Kickback Scheme

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the staff of the Ridgewood blog

North Haledon NJ,  former benefit plan administrator today admitted engaging in multiple years of tax evasion and a kickback scheme related to his role as administrator of two union related employee benefit plans, U.S. Attorney Philip R. Sellinger announced.

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Bergen County Woman Sentenced to 27 Months for Embezzling Money from Guided Tour Company

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the staff of the Ridgewood blog

River Edge NJ, a Bergen County,  woman was sentenced today to 27 months in prison for participating in a multi-year embezzlement scheme and subscribing to a false personal income tax return, U.S. Attorney Philip R. Sellinger announced.

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So We Guess TurboTax is Not Really Free ,Free after all

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FTC Sues Intuit for Its Deceptive TurboTax “free” Filing Campaign

the staff of the Ridgewood blog

Ridgewood NJ, the Federal Trade Commission is taking action against Intuit Inc., the maker of the popular TurboTax tax filing software, by issuing an administrative complaint against the company for deceiving consumers with bogus advertisements pitching “free” tax filing that millions of consumers could not use. In addition, to prevent ongoing harm to consumers rushing to file their taxes, the Commission also filed a federal district court complaint asking a court to order Intuit to halt its deceptive advertising immediately.

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‘Crocodile of Wall Street’ and Her Husband Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency

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Government Seized $3.6 Billion in Stolen Cryptocurrency Directly Linked to 2016 Hack of Virtual Currency Exchange

the staff of the Ridgewood blog

New York NY, two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion. Thus far, law enforcement has seized over $3.6 billion in cryptocurrency linked to that hack.

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Passaic County Man Charged with Defrauding Investors of over $1 Million

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the staff of the Ridgewood blog

Woodland Park NJ, a Passaic County, New Jersey, man was arrested today in connection with a scheme to defraud investors of over $1 million through various misrepresentations and omissions about his business operations and his background, Acting U.S. Attorney Rachael A. Honig announced.

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Lyndhurst Woman Pleads Guilty To Embezzling Money From Tour Company

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the staff of the Ridgewood blog

Lyndhurst NJ, a Lyndhurst,  woman admitted to her participation in a multi-year embezzlement scheme and to subscribing to a false personal income tax return, Acting U.S. Attorney Rachael A. Honig announced today.

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“Open Letter to Paul Vagianos “, Rocks Village of Ridgewood

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the staff of the Ridgewood blog

Ridgewood NJ, yesterdays open letter , “Open Letter to Paul Vagianos “ brought out some interesting responses and the usual allotment of crazies and a$$kissers .  Many defenders of the “feed the front lines” initiative, did not help their cause  by sounding a bit to much like the people who supported the old fashioned change only parking meters 20 years after they were obsolete .

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Woodcliff Lake Stockbroker Indicted for Tax Evasion

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the staff of the Ridgewood blog

Woodcliff Lake NJ, a Bergen County man was arrested today on four counts of tax evasion, Acting U.S. Attorney Rachael A. Honig announced.

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