Factbox-G7 seeks to curb Russian oil income through price cap
BRUSSELS – The Group of Seven rich nations are debating a global price cap for Russian oil that would curb Moscow’s energy revenues and potentially …
Income
Bay Village Man Pleads Guilty to Filing False Income Tax Return
A Bay Village man pleaded guilty today to an Information charging him with filing a false income tax return. According to court documents, in April …
Former Prince George’s County Police Department Lieutenant Pleads Guilty to Federal Tax Evasion Charge for Failing to Report More Than $1.3 Million in Income from His Security Business
Greenbelt, Maryland – Edward Scott Finn, age 48, of Dunkirk, Maryland, pleaded guilty today to a federal tax evasion charge. Finn is a former Lieutenant …
Refuse Company Co-Owner Sentenced to Prison for Filing False Income Tax Returns that Underreported Business Income
PITTSBURGH – A resident of West Alexander, Pennsylvania, has been sentenced in federal court in Pittsburgh to 6 months’ imprisonment and one-year supervised release on …
Ankeny Man Sentenced to 18 Months in Federal Prison For Failing to File Income Tax Returns
DES MOINES, IA – Kevin Jeffrey Stiller, age 59, of Ankeny, was sentenced Tuesday, June 7, 2022, to 18 months in prison for failing to …
Argentina proposes ‘extraordinary income’ tax amid grains windfalls
BUENOS AIRES – Argentina’s government proposed a bill Monday to tax companies that earn “extraordinary income” from the war in Ukraine, a measure that would …
South Shore Landscaper Pleads Guilty to Underreporting $1.5 Million in Taxable Income
BOSTON – The owner of a residential and commercial landscaping business operating in the South Shore area pleaded guilty today in connection with his failure …
Republicans Want to Dock Your Income Tax Return if You Owe Local Municipal Property Tax
TRENTON, NJ – If you have been avoiding your local municipal property taxes, Republicans in Trenton want to dock your next income tax return in …
San Luis Obispo Man Sentenced to Nearly 2 Years in Federal Prison for Bribing County Supervisor and Filing False Income Tax Returns
LOS ANGELES – A San Luis Obispo man was sentenced today to 22 months in federal prison for paying a county supervisor approximately $32,000 …
Jackson County Woman Pleads Guilty to Theft of Social Security Income Benefits
CHARLESTON, W.Va. – A Jackson County woman pleaded guilty to fraudulently obtaining Social Security Administration (SSA) benefits. According to court documents and statements made in …
Generac Grid Services, PosiGen Announce a First-of-its-Kind Program to Expand Access to Clean Energy for Low- to Moderate- Income Residents
Through the program, which will be facilitated by Generac Grid Services, PosiGen’s solar customers in Connecticut will be able to obtain a Generac PWRcell battery …
Local woman charged with preparing false income tax returns
HOUSTON – A tax preparer has been arrested on charges she was responsible for more than a dozen fraudulent tax returns, announced U.S. Attorney Jennifer …
Real Estate Investors Flee From High-Tax States to Seek Floridian Rate Advantages – Income Realty Advisors Releases Free Guide Outlining Profitable Tax Advantages
NAPLES, Fla., May 18, 2022 — Income Realty Advisors (IRA) recently offered a new, comprehensive report detailing the tax advantages of purchasing Single Tenant, Net-Lease Properties …
Ukraine to let foreigners transfer bond income from April 2023
KYIV – Ukraine’s central bank will allow foreign investors in domestic bonds to transfer abroad their income received from the bonds after April 1 next …
Bank of America: consumer spending on cards up from 2021 across all income groups
By Elizabeth Dilts Marshall NEW YORK – Bank of America said Thursday that consumers’ debit and credit card spending rose across all income brackets in …
Brazil to raise tax on net income of banks, financial firms
SAO PAULO – Brazil’s government will increase taxes on banks and financial institutions on Thursday, the official gazette showed, in a bid to fund a …
Jen Psaki Leaves Press Conference, Ignores Question About Inflation’s Effect on Low Income Americans
President Joe Biden’s Press Secretary Jen Psaki walked away after ignoring questions about impact of high prices on lower-income Americans during the White House press …
Capital One Reports First Quarter 2022 Net Income of $2.4 billion, or $5.62 per share
MCLEAN, Va., April 26, 2022 — Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2022 of $2.4 billion, …
Father, daughter tax preparers admit income tax filing fraud
AUGUSTA, GA: An Augusta man and his daughter await sentencing after admitting they filed fraudulently inflated tax returns on behalf of clients. Ezra Hatcher Sr., …
Big U.S. banks see higher net interest income as rates rise
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the …
Former President of Madison District Public Schools Board of Education Charged with Tax Evasion for Failing to Report Over $500,000 in Income
DETROIT – The former President of the Madison District Public Schools Board of Education has been charged in an indictment with tax evasion and failure …
Insurance company owner sentenced after lying to bankruptcy court, underreporting income
SAVANNAH, GA: A Chatham County insurance company owner has been sentenced to federal prison for lying in bankruptcy court and his tax returns. Jaques Andres …
Orange County House Flipper Found Guilty of Filing False Federal Tax Returns That Omitted More Than $2 Million of Income
SANTA ANA, California – A federal jury has found an Orange County real estate investor who successfully flipped foreclosed homes guilty of three federal …
Man sent to prison for preparing false income tax returns
HOUSTON – A local man has been ordered to federal prison following his convictions of preparing and filing false income tax returns, announced U.S. Attorney …
Smith County Man Guilty of Federal Income Tax Violation
TYLER, Texas – A Whitehouse, Texas, man has pleaded guilty to federal violations in the Eastern District of Texas, announced U.S. Attorney Brit Featherston today. Anthony D. …
Wapello Man Pleads Guilty to Failure to File Income Tax Returns
DES MOINES, IA – On March 24, 2022, Bradley Earl Ewart, age 50, of Wapello, appeared in federal court and pleaded guilty to two counts …
Toledo Business Owner Sentenced to Prison and Ordered to Pay More Than 1.1 Million in Restitution After Pleading Guilty to Evading Income Taxes
Acting U.S. Attorney Michelle M. Baeppler announced that Michael Meridieth, 41, of Toledo, Ohio, was sentenced today to one year and one day in prison …
China cuts income tax for some small firms to 20% – finance ministry
BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to …
Dallas Restaurant Owners Sentenced For Failing To Pay Required Corporate Payroll Taxes & Personal Income Taxes
SCRANTON- The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Giuseppe Tomasino, age 45, and Andrea Tomasino, age 71, co-owners …
Russia will be excluded from all JPMorgan fixed income indexes
NEW YORK – Russia will be excluded from all of JPMorgan’s fixed income indexes on March 31, the bank said in a statement on Monday, …
Disbarred Lawyer Sentenced to 12 Years in Prison for Stealing Injured Clients’ Settlement Money and Cheating on Federal Income Taxes
LOS ANGELES – A disbarred personal-injury lawyer was sentenced today to 144 months in federal prison for stealing settlement money from multiple clients, including …
El Paso Businessman Sentenced to Prison for Underreporting Income Taxes
EL PASO – An El Paso man was sentenced today to a total of 12 months of confinement for filing false personal tax returns. According …
Brazil’s Carrefour Brasil reports a 13.5% drop in Q4 adjusted net income
– Carrefour Brasil reported on Tuesday that fourth-quarter net income fell from a year earlier but beat estimates, helped by sales increases. The local unit …
Banks open fixed income front in Europe’s data price battle
By Huw Jones LONDON – The price of bond market data has risen by half over the past five years, which could prompt some users …
States See Revenues Surge From Income Tax and Federal Aid
Numerous states have seen their state revenue surge in 2021 fueled by a robust stock market, growing income, federal aid, and increased tax revenue, The …
Tax preparer sentenced to prison for fraudulent deductions on federal income tax returns
Seattle – A 58-year-old resident of Pacific, Washington, was sentenced today in U.S. District Court in Seattle, to a year and a day in prison …
Losing Florida Dem Candidate’s Lawsuit Alleges Universal Income Promise Amounts To Bribing Voters
A Democratic Florida congressional candidate who lost a special election primary by only five votes has issued a lawsuit alleging his opponent’s universal income plan …
7-year high surge in gas keeping many low income families home for the holidays
Families are being faced with decisions to stay at home during the holidays because the rising price of gasoline is too much to bear for …
Appleton Man Sentenced To Prison For Defrauding Social Security Of Over $73,500 In Supplemental Security Income Benefits
Acting United States Attorney Richard G. Frohling of the Eastern District of Wisconsin announced that on November 22, 2021, Senior U.S. District Judge William C. …
Kansas Man Pleads Guilty to Income Tax Fraud
TOPEKA, KAN. – A Kansas man pleaded guilty to one count of making and subscribing a false return. According to court documents, Randall Brammell, 65, …
Kansas Man Pleads Guilty to Income Tax Fraud
TOPEKA, KAN. – A Kansas man pleaded guilty to one count of making and subscribing a false return. According to court documents, Randall Brammell, 65, …
Tioga County Man Charged with Supplemental Security Income Fraud and Aggravated Identity Theft
SYRACUSE, NEW YORK – An individual indicted under the name John Doe, age unknown, of Owego, New York, was arrested on Wednesday on charges of …
Bonifay Doctor Pleads Guilty To Federal Income Tax Crimes
PENSACOLA, FLORIDA – Ahmad T. Ismail, 70, of Bonifay, Florida, pled guilty on Wednesday to the subscription and transmission of multiple fraudulent federal income tax …
New Orleans Tax Preparer Sentenced to Serve a Year and a Day in Federal Prison After Pleading Guilty to Failing to Declare More Than $695,000 in Income on Tax Returns
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced today that on November 3, 2021 QUINCY E. IRVIN, age 43 of New Orleans, Louisiana …
Pharmacy Owner Sentenced to 41 Months in Prison for Role in Multimillion-Dollar Illegal Kickback Scheme and Evading Taxes on Over $33 Million of Income
TRENTON, N.J. – The former co-owner of a Union City, New Jersey, pharmacy was sentenced today to 41 months in prison for his role in …
‘The Rich Have Gotten Richer’: Democratic Senate Candidate Made As Much As $100K In Rental Income While Advocating For Eviction Moratorium Extension
Wisconsin Democratic Senate candidate Alex Lasry made up to $100,000 in rental income as an advocate for the continuation of the pandemic eviction moratorium, according …
Durham Woman Sentenced for Concealing Income to Receive Social Security Benefits
PORTLAND, Maine: A Durham woman was sentenced yesterday in federal court for Social Security fraud, U.S. Attorney Darcie N. McElwee announced. U.S. District Judge John …
Baldwinsville Man Pleads Guilty to Supplemental Security Income Fraud
SYRACUSE, NEW YORK – George Rawda, age 57, of Baldwinsville, New York, pled guilty today to concealing information from the Social Security Administration (SSA) in …
Bronx woman scammed low income victims out of $100,000 in apartment rental scam during pandemic
BRONX, NY – Bronx District Attorney Darcel D. Clark today announced that a Bronx woman has been indicted for stealing approximately $99,000 from 16 people …
Chicago Woman Charged With Filing False Income Tax Returns To Fraudulently Obtain Refunds and Stimulus Payments
CHICAGO —A Chicago woman has been indicted on federal criminal charges for allegedly fraudulently obtaining the personal identifying information of deceased individuals and using it …