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Scam Alert: Fake IRS Messages Target Taxpayers With Bogus Payment Offer Scam Alert: Fake IRS Messages Target Taxpayers With Bogus Payment Offer
Scam Alert: Fake IRS Messages Target Taxpayers With Bogus Payment Offer Taxpayers are being warned about a new scam involving unsolicited text messages impersonating the Internal Revenue Service (IRS). The fraudulent messages falsely claim recipients are eligible for a $1,400 Economic Impact Payment and instruct them to click a deceptive link to "claim" the funds. How The Scam Works Victims receive a text message that appears to be from the IRS, stating they are owed an Economic Impact Payment. The message urges them to provide personal information to process the supposed payment. Scammers promise the money will be deposited into a bank account or mailed as a…

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by Joe Lombardi
News
Some Americans Must File Tax Returns In March: Here's Who, Why Some Americans Must File Tax Returns In March: Here's Who, Why
Some Americans Must File Tax Returns In March: Here's Who, Why The Internal Revenue Service (IRS) has alerted some American workers that they face an early tax deadline.  Those in the group who did not make estimated tax payments by Wednesday, Jan. 15, 2025, must file their 2024 federal income tax returns and pay any taxes owed by Monday, March 3, 2025.  Due to the deadline falling on a Saturday, it has been extended from the usual Saturday, March 1, to Monday, March 3. Details of the Early Deadline Farmers and fishers who qualify for this special deadline are those who derived at least two-thirds of their gross income from their respective…

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by Joe Lombardi
Business
American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …

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by Chris Spiker
Politics
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal
How Does $500 'Inflation Refund' Check Sound? Here's Who Qualifies Under Hochul's Proposal New Yorkers could soon see some relief from rising costs. Around 8.6 million taxpayers statewide could stand to benefit from a historic $3 billion in “inflation refund” checks that were proposed by Gov. Kathy Hochul during a speech in the Bronx on Monday, Dec. 9. If approved by lawmakers, the initiative would deliver $300 checks to single taxpayers earning up to $150,000 annually and $500 to joint filers with incomes up to $300,000. The refunds would be funded by surplus sales tax revenue generated during the recent period of high inflations. Hochul said the one-time payments would provide…

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by Michael Mashburn
Lifestyle
Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men
Double The Fun: Pair Of $1M Lottery Prizes Claimed By Mastic, St. James Men Talk about a massive payday. Two Long Island men have a million more reasons to be smiling after winning seven-figure lottery prizes. Jose Carranza, of Mastic, claimed a $1 million prize on the “Platinum Power” scratch-off game, New York Lottery announced. He purchased the lucky ticket in east Moriches, at East End Marketing on Montauk Highway. After paying Uncle Sam, Carranza pocketed $416,641. Not to be outdone was Ricky Alessi, of St. James, who claimed his own $1 million windfall after hitting a Powerball second prize for the drawing held Monday, May 27. Alessi received a lump sum…

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by Michael Mashburn