Tag:

Tax Preparation

Wyckoff-Franklin Lakes, NJ
News
Crooked Tax Preparer Busted At Airport Arriving From Egypt: Oakland PD Crooked Tax Preparer Busted At Airport Arriving From Egypt: Oakland PD
Crooked Tax Preparer Busted At Airport Arriving From Egypt: Oakland PD A 38-year-old Bayonne resident was arrested and charged at Newark Liberty International Airport after he defrauded an Oakland couple out of more than $20,000, authorities announced Friday, Jan. 23. An investigation into John Nashed after the victims said their tax preparer used their credit card multiple times for what they were told were tax payments, totaling just over $20,000, Oakland police said. Subpoenaed bank records showed the charges were deposited into the preparer’s business account instead of being paid to the IRS or the State of New Jersey, police said. The investigation also r…

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by Sam Barron
Albany, NY
News
Did You Miss Tax Day Filing Deadline? Here's What IRS Wants You To Know Did You Miss Tax Day Filing Deadline? Here's What IRS Wants You To Know
Did You Miss Tax Day Filing Deadline? Here's What IRS Wants You To Know Miss the Tax Day deadline? The IRS says you need to file now to avoid steeper penalties and growing interest. Even if you can’t afford to pay your full tax bill now, the IRS recommends filing anyway. The penalty for failing to file is typically much higher than the penalty for failing to pay. Paying what you can now can help minimize the total amount due. File Now, Pay What You Can If you owe taxes and didn’t request an extension, interest and penalties began accruing as of April 16. The IRS offers multiple secure payment options through IRS.gov, including: IRS Direct Pay Electronic Fede…

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by Joe Lombardi
Chappaqua, NY
Readers Choice
Best Accounting Firm In Westchester County In 2024: Karpos & Associates Best Accounting Firm In Westchester County In 2024: Karpos & Associates
Best Accounting Firm In Westchester County In 2024: Karpos & Associates We are thrilled to announce that Karpos & Associates has been named Best Accounting Firm in Westchester County in the 2024 Daily Voice Readers' Choice Awards!  Karpos & Associates' level of personal attention has earned the firm a reputation for being more than just an accounting service—it's a financial partner for businesses and individuals alike, according to its website. “The founder and principal, Ben Ofori, is an outstanding CPA and a pleasure to work with,” said David, a Readers' Choice voter. Per the firm's website, Karpos & Associates, which specializes in everyth…

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by Daily Voice
Warwick, NY
Readers Choice
Best Accounting Firm In The Hudson Valley In 2024: Jack G. Reilly CPA PC Best Accounting Firm In The Hudson Valley In 2024: Jack G. Reilly CPA PC
Best Accounting Firm In The Hudson Valley In 2024: Jack G. Reilly CPA PC We are thrilled to announce that Jack G. Reilly CPA PC has been named Best Accounting Firm in the Hudson Valley in the 2024 Daily Voice Readers' Choice Awards! “I’ve been going here for years to get my taxes done," said Meghan, a Readers' Choice voter. "JoAnn is the best in the business! She is attentive, knowledgeable, and personable.” “Mimi is wonderful—her attention to detail and client interaction is head and shoulders above the rest,” said another voter. Congratulations to Jack G. Reilly CPA PC! The accounting firm is at 32 Lake Rd. in Congers. Call (845) 268-5415 for more infor…

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by Daily Voice
Poughkeepsie, NY
Police & Fire
Tax Preparer Steals $8K from Employer In Poughkeepsie, Police Say Tax Preparer Steals $8K from Employer In Poughkeepsie, Police Say
Tax Preparer Steals $8K from Employer In Poughkeepsie, Police Say A 29-year-old Hudson Valley man is facing serious charges after allegedly mishandling client payments and documents, leading to the theft of thousands from his employer, police said. Dutchess County resident Jonathan Yousef Sawaged of Poughkeepsie was arrested on Tuesday, Jan. 21, following a fraud investigation, the Town of Poughkeepsie Police Department announced on Wednesday, Jan. 22.  According to the department, authorities began looking into Sawaged after receiving a complaint on Oct. 17, 2024, alleging that he, while working as a certified tax preparer at a local compa…

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by Ben Crnic
Arlington, VA
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 …

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by Chris Spiker
Cortlandt, NY
News
$145M Scheme: Cortlandt Manor Man Known As 'Magician' Admits To One Of Largest Ever Frauds $145M Scheme: Cortlandt Manor Man Known As 'Magician' Admits To One Of Largest Ever Frauds
$145M Scheme: Cortlandt Manor 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…

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by Ben Crnic
Hackensack, NJ
News
SCAM ALERT: Don't Let Sketchy Tax Preparer Rip You Off, IRS Warns SCAM ALERT: Don't Let Sketchy Tax Preparer Rip You Off, IRS Warns
Scam ALERT: Don't Let Sketchy Tax Preparer Rip You Off, IRS Warns The IRS began accepting and processing 2020 tax year returns on Friday -- with a warning. Although most tax preparers deliver honest and professional service, “there’s a small number of dishonest preparers who set up shop during filing season to steal money and personal and financial information from clients,” said Michael Montanez, the special agent in charges of IRS Criminal Investigation’s Newark Field Office. Look no further than the results of some his squad’s year-round investigative work. The most recent example is Joseph Kenny Batts, a tax preparer in New Jersey who was sentence…

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by Jerry DeMarco
Bristol, PA
News
PA Residents Who Use Tax Prep Companies Could See Delayed Stimulus Checks PA Residents Who Use Tax Prep Companies Could See Delayed Stimulus Checks
PA Residents Who Use Tax Prep Companies Could See Delayed Stimulus Checks Pennsylvania residents who use tax preparation companies to file taxes might have to wait a little longer for their stimulus checks, state officials said. Tax preparation companies, like H&R Block and Intuit, use temporary bank accounts when they assist with filing tax returns, Attorney General Josh Shapiro explained. Unfortunately, the IRS used that information to issue stimulus checks, and therefore, some of the checks have been held up. "If you’re eligible for a stimulus check and haven’t received one, you can call the IRS or visit their website to file a complaint," Shapiro said. …

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by Nicole Acosta
Monroe, NY
News
State Attorney General Issues Alert On Scams As Tax Day Nears State Attorney General Issues Alert On Scams As Tax Day Nears
State Attorney General Issues Alert On Scams As Tax Day Nears As April 15 approaches, the State Attorney General has issued an alert regarding tax scams. “Tax season is ripe with opportunity for scammers to prey on hardworking New Yorkers,” said Attorney General Letitia James. “These bad actors use a wide range of tactics to illegally cheat residents out of their money, including individuals who impersonate the IRS and businesses that bait-and-switch their tax preparation services." Tax scams come in many different forms, but some of the most common types include: Scammers impersonating the U.S. Treasury Department, the IRS, the Taxpa…

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by Valerie Musson