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Income Tax

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$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible $1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible
$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible More than 1.1 million Americans are owed a share of over $1 billion in unclaimed tax refunds, but time is running out to collect, the Internal Revenue Service (IRS) has announced. Taxpayers have until Tuesday, April 15, to file their returns and claim their refunds before the money is forfeited to the US Treasury. The IRS estimates that the median refund is $781, meaning half of the refunds are higher and half are lower. Who’s Eligible? Many of those who haven't filed may be due more than just their refund. The IRS warns that low- and moderate-income taxpayers could also be missing out on …

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by Joe Lombardi
Politics
Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees
Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees President Donald Trump is calling for the elimination of federal income tax, advocating for a shift to a tariff-based revenue system.  He argues that this approach, which he says previously made the US “richer” and a more “powerful” economy, would mark a pivotal turning point for the nation. "America is going to be very rich again, and it's going to happen very quickly," Trump said during a speech in Florida on Monday, Jan. 27 at the 2025 Republican Issues Conference at the Trump National Doral Miami. "Instead of taxing our citizens to enrich foreign nations, we should be tariffing an…

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by Joe Lombardi
Police & Fire
IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds
IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds A Connecticut man will spend two years in federal prison after stealing nearly $2 million from his employer and dodging hundreds of thousands in taxes over a seven-year scheme, authorities said. Evan Bobzin, 39, of Chester, was sentenced to 24 months behind bars, followed by three years of supervised release, after admitting to embezzling $1.9 million from Hoffman’s Gun Center in Newington, where he worked as head of information technology, according to the US Attorney for Connecticut. Prosecutors said Bobzin used his insider access to methodically steal cash receipts from the store's safe …

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by Josh Lanier