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Sunday, dec 22
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U.S. Treasury Department
Police & Fire
Scammers Steal $26,000 From Fairfield County Resident Through Elaborate Bitcoin Scam
Scammers running an elaborate Bitcoin scheme bilked a Fairfield County resident out of more than $25,000 after allegedly hacking his computer, police said. Officers from the Darien Police Department recently met with a Hollow Tree Ridge Road resident regarding a possible computer scam. The victim told officers he was using the Internet when he noticed a pop-up that alleged his computer had been hacked, prompting him to click the link, at which point an operator advised that other sites were accessing his bank account and had secured money from it. It is alleged that the operator then claim…
Business
Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card
If a plain white envelope from Omaha, Nebraska arrives in the mail, don’t throw it away. It may be your federal stimulus payment. Last week, the IRS and U.S. Treasury Department began mailing Economic Impact Payments as prepaid debit cards. In addition to a P.O. Box in Omaha, the return address says the letter is from "Money Network Cardholder Services." Nearly 4 million Americans waiting for their slice of the $2.2 trillion CARES Act are expected to get their stimulus money in the form of an EIP Card, as opposed to a paper check signed by President Donald J. Trump. The trouble is, th…
Politics
NY Lawmakers Vote To Release Trump's State Tax Returns To Congress
New York State lawmakers are one step closer to gaining access to President Donald Trump’s state tax returns. The New York State Assembly passed legislation on Wednesday, May 22 which would amend the law to allow the state Department of Taxation and Finance to release the tax returns of elected officials. The bill is expected to be signed into law by Gov. Andrew Cuomo later this month if it also passes in the Senate. It was approved by an 85-49 vote in the Assembly. The legislation only applies to state returns, not federal returns, which have also been at the center of the battle between …
News
Tax Refunds Expected To Shrink For Millions Of Americans
As millions of Americans file and complete their 2018 taxes, some have been shocked by a minimal return, including several who are now paying out to the Internal Revenue Service after years of receiving refunds. According to the IRS, the total number of returns received in the week ending on Feb. 1 - more than 16 million - was down 12.4 percent from the week that ended on Feb. 2 last year. Only 13.31 million returns have been processed, down 25.8 percent from the year before. The average refund of $1,865 was 8.4 percent smaller than the average refund in the same period last year, when it w…