IRS

House votes to eliminate funding for "army of new IRS agents"

A Middletown man is looking at a possible twenty-years in prison following an indictment for money laundering for the Cape Town Zone of Black Axe.

A Matawan man could spend as much as three years in prison and have to pay a steep fine after illegally fast-tracking real estate and construction paperwork, not reporting his company or income to the IRS, and not paying his taxes for a seven year period.

Who knew New Jersey taxpayers would ever get a break from the IRS? But alas...here we are....

The credit itself is continuing in 2022, but will only come back to families once they file taxes at the beginning of 2023; the same goes for the current tax season and the other half of last year's credit that wasn't paid out monthly.

It'll be 18-months in prison for Sylvain Dienhoue, 53, of Tobyhanna, Pennsylvania who helps his clients filing those illegal returns so they could get bigger refunds.

The owner of a Monmouth County construction and demolition business is admitting to not paying employment and personal incomes taxes to the IRS, among other illegal activity regarding finances.

A Beachwood man faces several years in prison for running an illegal lottery ring and not letting the IRS know about money he took from the operation.

The IRS said they will provide some more guidance soon but in the meantime, they've laid out what you need to know.

Looks like it might be 2020 all over again, if the IRS moves ahead with a plan to extend the tax deadline due to the COVID-19 pandemic like they did last year.