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Found 2520 Matching Items; Displaying 511 - 520.

Coronavirus tax relief for businesses and tax-exempt entities

Get information on coronavirus (COVID-19) tax relief for businesses and tax-exempt entities.
News
Charities and Nonprofits, Businesses

Historical Highlights of the IRS

From Al Capone through two World Wars, the IRS has changed a lot through the decades.
News

Treasury, IRS issue updated guidance on required minimum distributions from IRAs, other retirement plans; generally retains proposed rules

IR-2024-190, July 18, 2024 — The Department of the Treasury and the Internal Revenue Service today issued final regulations updating the required minimum distribution (RMD) rules.
News
News Media

IRS opens free IRA and CHIPS Pre-filing Registration Tool for organizations to register to monetize clean energy credits

IR-2023-249, Dec. 22, 2023 — The Internal Revenue Service announced today that qualifying businesses, tax-exempt organizations or entities such as state, local and Indian tribal governments can register using the new IRA/CHIPS Pre-filing Registration Tool, available free from the IRS so they can take advantage of the elective payment or transfer of credits.
News
News Media

Six indicted in scheme to defraud D.C. Medicaid program

Aug. 2, 2024 — Omolere Omomowo of Laurel, Maryland and Fort Lauderdale, Florida, who led several companies that claimed to provide mental health rehabilitative services to some of the District’s most vulnerable citizens, was indicted on August 1, 2024, along with five “community support workers” (CSWs) employed by his company, on charges that they conspired to and did defraud the D.C. Medicaid program of over $10 million by engaging in a scheme to submit bills for mental-health related services that were not medically necessary, not reimbursable, and did not occur.
News
News Media

Second man sentenced to federal prison in Paycheck Protection Program fraud scheme

July 26, 2022 — A Virginia man who laundered over $900,000 in fraudulently obtained Paycheck Protection Program loan proceeds was sentenced on July 20, 2022, to more than three years in federal prison. Benjamin Sakyi, from Dumfries, Virginia, originally from Accra, Ghana, received the prison term after a February 8, 2022 guilty plea to one count of money laundering conspiracy.
News
News Media

IRS-CI announces selection of field office leaders for 5 agency offices

May 1, 2023 — IRS Criminal Investigation (IRS-CI) Chief Jim Lee announced Thursday the appointment of new special agents in charge (SAC) to lead five of the agency’s field offices. The selectees are longtime agency leaders who have a combined 104 years of career experience with IRS-CI.
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News Media

Marshall County woman sentenced to 52 months in prison for COVID IRS fraud

Jan. 30, 2025 — Today U.S. District Court Judge Michael P. Mills sentenced Lakisha Pearson of Holly Springs, Mississippi, to a 52-month jail sentence for mail fraud in connection with falsely claimed IRS Employee Retention Tax Credit for others. Judge Mills also ordered Pearson to repay $15,942,586.77 in restitution.
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Long-time Rollin’ 60s neighborhood crips leader charged in 43-count indictment alleging murder, extortion, fraud, and tax crimes

A federal grand jury has returned a 43-count indictment charging a music label owner and purported anti-gang activist who is a long-time leader of a South Los Angeles street gang with dozens of felonies, including fraud, robbery, extortion, tax evasion, embezzlement of donations to his charity that receives public money, and running a racketeering conspiracy in which he allegedly murdered an aspiring musician, the Justice Department announced today.
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Former Director of West Hollywood private school sentenced in college admissions case

August 10, 2022 — The former director of a private elementary and high school in West Hollywood, Calif. was sentenced yesterday in federal court in Boston for his participation in the college admissions case.
News
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