Overcast 34°
Tag:

Tax Preparation

News
2025 Tax Season Begins: What You Need To Know About Expanded Options, New Tools 2025 Tax Season Begins: What You Need To Know About Expanded Options, New Tools
2025 Tax Season Begins: What You Need To Know About Expanded Options, New Tools Early filers, get ready. The 2025 tax season is here! The IRS will start accepting and processing tax returns on Monday, Jan. 27, the agency said in a news release. IRS Free File also became available on Friday, Jan. 10 to taxpayers who qualify through private-sector partners. With more than 140 million tax returns expected, the IRS urged taxpayers to take advantage of updated online resources and consider using trusted tax preparers to avoid scams. "This has been a historic period of improvement for the IRS, and people will see additional tools and features to help them with filing their …

SHARE

by Chris Spiker
News
$145M Scheme: Hudson Valley Man Known As 'Magician' Admits To One Of Largest Ever Frauds $145M Scheme: Hudson Valley Man Known As 'Magician' Admits To One Of Largest Ever Frauds
$145M Scheme: Hudson Valley Man Known As 'Magician' Admits To One Of Largest Ever Frauds A Northern Westchester man who earned the nickname “The Magician” for his ability to slash tax bills has pleaded guilty to orchestrating a massive $145 million fraud scheme that spanned a decade, federal officials announced. Rafael Alvarez, age 61, of Cortlandt Manor, entered the plea in Manhattan federal court on Tuesday, Dec. 17, after being charged with conspiracy to defraud the US and aiding the preparation of false tax returns, according to Edward Y. Kim, Acting US Attorney for the Southern District of New York.  Alvarez, the CEO and owner of ATAX, a Bronx-based tax preparation bu…

SHARE

by Ben Crnic