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July 22, 2022 ¡ª A Florida man will make his initial court appearance today on charges related to his role in a scheme to fraudulently obtain over $1.6 million in federal Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loan (EIDL) payments, U.S. Attorney Philip R. Sellinger announced.

August 31, 2022 ¡ª David C. Weiss, U.S. Attorney for the District of Delaware, announced today that Ana Soto, of Wilmington and formerly of Newark, was sentenced yesterday to 31 months imprisonment on wire fraud and money laundering convictions. Chief U. S. District Court Judge Colm F. Connolly pronounced the sentence.

obÌåÓý do IRS criteria for recognizing credit counseling organizations as exempt differ from the certification requirements under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?

March 23, 2023 ¡ª Three years after the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, IRS Criminal Investigation (IRS-CI) has investigated 975 tax and money laundering cases related to COVID fraud with alleged fraud in these cases totaling $3.2 billion. These cases include a broad range of criminal activity, including fraudulently obtained loans, credits and payments meant for American workers, families, and small businesses.

Information about Form 2032, Contract Coverage Under Title II of the Social Security Act, including recent updates, related forms and instructions on how to file. Form 2032 is used by American employees to extend Social Security coverage to U.S. citizens and resident aliens employed by their foreign affiliates.

This issue snapshot addresses questions concerning whether an Indian tribe¡¯s decision to enter into a 218A agreement and elect social security coverage for its tribal council members, or not enter such an agreement, affects the classification of those workers for other purposes of the Internal Revenue Code (IRC) such as income tax and retirement plan participation.

General information FAQs about tax credits for paid leave under the American Rescue Plan Act of 2021

Frequently asked questions on air-carrier support payments under the CARES Act

IR-2024-120, April 25, 2024 ¡ª The Department of Treasury and Internal Revenue Service issued final regulations today describing rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations.

FS-2024-18, May 2024 ¡ª The Internal Revenue Service reminds businesses that starting in tax year 2023 changes under the SECURE 2.0 Act may affect the amounts they need to report on their Forms W-2.