by | May 22, 2020 | Tax Tips and News
Five Connecticut men have been indicted in a series of fraud schemes that targeted the elderly, bilking them out of more than $4 million. The five men were indicted by a federal grand jury on 11 counts for their alleged participation in lottery and romance scams. The...
by | May 21, 2020 | Tax Tips and News
The Internal Revenue Service’s Criminal Investigation unit needs to do a better job of accounting for its cash earmarked for undercover investigation expenses. That’s the bottom line from the Treasury Inspector General for Tax Administration (TIGTA). Undercover...
by | May 21, 2020 | Tax Tips and News
Would you prefer to receive your Economic Impact Payment on a prepaid debit card? The Treasury Department said that will be a reality for almost 4 million Americans in a recent press release, which announced that “EIP Cards” will be issued by MetaBank as part of the...
by | May 20, 2020 | Tax Tips and News
The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments. The agency’s regular telephone assistance and other services are still...
by | May 19, 2020 | Tax Tips and News
The IRS wants help spreading the word about Economic Impact Payments. The Internal Revenue Service is continuing its full-court press to spread information about Economic Impact Payments to as many Americans as possible. Since the agency wants to provide information...
by | May 19, 2020 | Tax Tips and News
The Small Business Administration recently announced that the loan-forgiveness application for the Paycheck Protection Program (PPP) is now available for business owners who applied for and received a PPP loan. According to the SBA press release announcing the...
