Found 2496 Matching Items; Displaying 81 - 90.
Taxpayers should act now to claim more than $1 billion in refunds for tax year 2021 with the April 15 deadline fast approaching
IR-2025-31, March 11, 2025 ― The Internal Revenue Service announced today that over 1.1 million people across the nation have unclaimed refunds for tax year 2021 but face an April 15 deadline to submit their tax returns.
News
News Media
Baltimore man sentenced to 14 months in federal prison for fraudulently obtaining more than $1.2 million in COVID-19 Cares Act loans
June 26, 2023 — Chief U.S. District Judge James K. Bredar sentenced Alexander Barabash of Baltimore, Maryland, today to 14 months in federal prison, followed by six months of home detention as part of three years of supervised release, for wire fraud relating to the submission of fraudulent Coronavirus Aid, Relief, and Economic Security (“CARES”) Act loan applications. The CARES Act was enacted in March 2020 to provide emergency financial assistance to Americans suffering from the economic effects caused by the COVID-19 pandemic.
News
News Media
Medical sales representative sentenced to 14 years in prison for role in multimillion-dollar health care fraud, wire fraud, anti-kickback statute, and travel act conspiracies
October 3, 2022 — A medical sales representative was sentenced today to 168 months in prison for defrauding federal, state, and private health insurance plans out of more than $4.6 million, Attorney for the United States Vikas Khanna announced.
News
News Media
IRS and Treasury issue guidance for owners of solar and wind powered energy facilities in low-income communities for increased energy credit under the Inflation Reduction Act
IR-2023-145, Aug. 10, 2023 — The Department of the Treasury and the Internal Revenue Service today issued final regulations and a revenue procedure to provide guidance for owners of certain solar or wind facilities built in connection with low-income communities.
News
News Media
U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives
IR-2024-233, Sept. 6, 2024 — Today, U.S. Secretary of the Treasury Janet L. Yellen and Commissioner of the Internal Revenue Service Danny Werfel are delivering remarks at the Austin, Texas, IRS campus to announce new milestones under Inflation Reduction Act initiatives to ensure wealthy individuals pay taxes owed, improve service for taxpayers through the Digital First Initiative and modernize foundational technology.
News
News Media
IRS updates frequently asked questions for Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021 for Leave After March 31, 2021
IR-2022-47, March 3, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021 for Leave After March 31, 2021.
News
News Media
IRS updates frequently asked questions on Tax Credits for Paid Leave Under the Families First Coronavirus Response Act for Leave Prior to April 1, 2021
IR-2022-48, March 3, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on Tax Credits for Paid Leave Under the Families First Coronavirus Response Act for Leave Prior to April 1, 2021.
News
News Media
Ohio man pleads guilty to multiple federal charges, including a Freedom of Access to Clinic Entrances (FACE) Act violation, for threatening a reproductive health services clinic
Feb. 9, 2024 — An Ohio man pleaded guilty today to a misdemeanor charge under the Freedom of Access to Clinic Entrances (FACE) Act, which prohibits a person from intentionally interfering with or intimidating any person because that person is providing reproductive health services. Mohamed Waes of Columbus, also pleaded guilty to felony charges of communicating interstate threats and conspiracy to commit money laundering.
News
News Media
Six individuals indicted by federal grand jury for perpetrating a multimillion dollar fraudulent scheme to obtain COVID recovery assistance funds under the federal CARES Act
April 5, 2023 — W. Stephen Muldrow, U.S. Attorney for the District of Puerto Rico, announced the indictment of six individuals for a multi-million-dollar fraudulent scheme to illegally obtain federal recovery funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Grand Jury charged the defendants with multiple counts of wire fraud, money laundering, Paycheck Protection Program (PPP) fraud, and Economic Injury Disaster Loan (EIDL) fraud. The charging documents claim that from April 2020 through April 2023, the defendants and their co-conspirators caused the submission of at least 272 EIDL and PPP loan applications seeking the illegal disbursement of at least $9,020,590.33 in federal recovery funds from the U.S. Small Business Administration (SBA) and Bank 1.
News
News Media
Inflation Reduction Act implementation teams focus on enhanced taxpayer service with modern online tools and historic office hour sessions, bolstering clean energy initiatives
IR-2024-121, April 25, 2024 — With the funding from the Inflation Reduction Act (IRA), the Internal Revenue Service continues to help taxpayers in unique ways to take advantage of clean energy credits.
News
News Media