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.
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.
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.
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.
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 .
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.
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.
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.
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.
Washington DC, Democrats are facing a firestorm of criticism over a proposal to increase the amount of bank account information reported to the IRS, posing a challenge as they craft their wide-ranging social spending bill.
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.
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.
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 .