June 22, 2021
Comments Off on A ‘silver lining’: Ransomware payments may be tax deductible
The U.S. government offers a little-noticed incentive for those who do pay after ransomware attacks: The ransoms may be tax deductible.
Tagged with: cybersecurity hacking IRS ransomware Taxes
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May 21, 2021
Comments Off on Tax changes would boost IRS monitoring of cryptocurrency use
The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
Tagged with: cryptocurrency IRS Taxes
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October 20, 2020
Comments Off on 4th Circuit affirms Bethesda couple’s nearly $1M tax fine
A federal appeals court Tuesday upheld a judge’s order that a Bethesda couple pay nearly $1 million in civil penalties and interest to the U.S. government for their “willful” failure to disclose they had money in a foreign bank account. ...
Tagged with: bank secrecy act failure to disclose IRS Swiss bank account
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April 25, 2019
Comments Off on News breaks out in Pugh’s quiet Ashburton neighborhood
Agents from the FBI and the IRS executed search warrants at Mayor Catherine Pugh’s two homes Thursday morning, bringing excitement to an otherwise quiet northwest Baltimore neighborhood. Pugh owns two homes in the city’s Ashburton neighborhood, an area of large ...
Tagged with: "Healthy Holly" Catherine Pugh Dennlyn Road Ellamont Road Erin Murphy fbi IRS steven d. silverman
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October 14, 2016
Comments Off on Did you get an extension? Federal income taxes due Oct. 17
Taxpayers who asked the IRS for a six-month extension to file their 2015 income taxes have until Monday, Oct. 17 to file their taxes. The deadline is Oct. 17 because Oct. 15 falls on a Saturday. The IRS recommends using ...
Tagged with: income taxes IRS
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November 5, 2015
Comments Off on Prosecutors seek to block Aberdeen accountant from promoting tax scam
The federal government is seeking an injunction against an Aberdeen accountant barring her from preparing any federal tax filings based on accusations that she promotes the “redemption theory” which the IRS has declared to be fraudulent. Charese Johnson operates Prodigy ...
Tagged with: injunction IRS
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April 17, 2015
Comments Off on Hopkins faculty, staff report possible identity theft
Faculty and staff at Johns Hopkins University and the Hopkins health system appear to have been targeted in an identity theft scheme in which phony tax filings were made on their behalf. Hopkins officials say there's no evidence of a security breach in their systems but note that a nationwide identity theft scheme has been targeting physicians and medical professionals.
Tagged with: identity theft IRS Johns Hopkins Medicine johns hopkins university
Read More »The IRS has eliminated a huge processing backlog of groups seeking tax-exempt status, the agency's chief said Tuesday. Tea party organizations' claims that they were singled out for tough treatment when they applied for that designation were at the heart of a 2013 controversy over the agency.
Tagged with: IRS
Read More »Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail as part of a huge nationwide tax scam that has cost taxpayers $15.5 million.
Tagged with: crime IRS legal news
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February 24, 2015
Comments Off on Glen Burnie solo pleads guilty to filing false tax return
A Glen Burnie solo attorney who omitted more than $1.2 million of receipts from his federal tax returns pleaded guilty to filing a false tax return Tuesday.
Tagged with: IRS legal news
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