New Jersey’s New Income Based ‘Equity’ Energy Rates Not Only Wrong, But Unconstitutional
TRENTON, NJ – The U.S. Constitution and the Bill of Rights might be above Governor Phil Murphy’s pay grade, but a new law that ties energy rates to a person’s income might…
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 file income tax returns. Stiller pleaded guilty…
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 particularly affect the country’s grains industry. The…
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 to report approximately $1.5 million in income…
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 order to pay for your liability. According…
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 in bribes – most of them in…
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 court, Monique Ann Casto, 37, of Kenna,…
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 and Generac PWRmanager load management system to…
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 B. Lowery. Authorities took Cheryl Kissentaner into…
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 with Credit Tenants (NNN) in the low-tax…
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 year, the bank has said. Foreigners held…
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 April, although spending levels for lower-income customers…
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 new debt renegotiation program for small firms.…
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 briefing on Monday. Psaki, who has reportedly…
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, or $5.62 per diluted common share, compared…
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., 68, and Sherry Hatcher, 42, both of…
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 first quarter, as the U.S. Federal Reserve’s…
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 to file tax returns in connection with…
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 Frym, 53, of Pooler, Ga., was sentenced…
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 criminal tax charges, the Justice Department announced…
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 Jennifer B. Lowery. Mario Clark pleaded guilty…
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. Klein, 47, pleaded guilty to attempting to…
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 of failure to file federal income tax…
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 and ordered to pay 1,125,268.84 in restitution…
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 ease burdens on small businesses to support…
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 of Tomasino’s Restaurante Italiano, located in Dallas,…
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