Tag: Internal Revenue Service
Freeport Tax Preparer Stole $2M Through False Returns, Covid-19 Relief Fraud, DOJ Says
A Long Island tax preparer is facing federal charges for allegedly orchestrating a massive $12 million fraud scheme.
Damaris Beltre, 57, of Freeport, was indicted on wire fraud and related charges in Central Islip federal court on Wednesday, March 12, after filing hundreds of false tax returns and stealing COVID-19 relief funds, prosecutors alleged.
Beltre ran multiple tax preparation businesses where she falsely inflated tax refunds for clients, claiming fake dependents, fraudulent sick leave, and fuel tax credits, according to prosecutors. She allegedly charged a percentage of …
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…
Can IRS Layoffs Affect Your Tax Refund? Here's What To Know
With layoffs affecting as many as 6,000 Internal Revenue Service (IRS) workers reportedly underway, anxiety has heightened for Americans eager to receive refunds near the midway point of tax filing season.
Approximately 140 million returns are expected to be filed by the Tuesday, April 15 deadline. Last year, around two-thirds of taxpayers received refunds, averaging about $3,100, according to IRS data.
The IRS opened the 2025 tax filing season on Monday, Jan. 27.
For many households, a tax refund can be the largest annual payment they receive all year, and it's often used to pay off…
Fairfield Attorney Stole $7.4M Over Decade During His Time As Banks' Lead Counsel: Feds
A Connecticut man who held powerful positions at several banks, including General Counsel and Executive Vice President, faces up to 30 years in prison for orchestrating a decade-long embezzlement scheme that defrauded his employers of more than $7 million, federal authorities said.
James Blose, 56, waived indictment and pleaded guilty in New Haven federal court to bank fraud and illegal monetary transactions on Friday, Dec. 20, per the US Attorney for Connecticut. His actions, spanning from 2013 to 2023, were uncovered after an extensive investigation by federal authorities, inclu…
$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…
Long Island Business Owner Sentenced For Hiding Income, 'Off-Books' Payrolls, More
A Long Island woman must pay hundreds of thousands of dollars of restitution and spend over two years behind bars after she filed false tax returns, hid money from the government, and more, officials said.
Lorraine Pilitz, age 65 of Merrick, received her 33-month sentence and orders for restitution on Friday, Jan. 19, the United States Attorney’s Office Eastern District of New York announced.
Pilitz was the owner and operator of several car-related businesses on Long Island at the time of the crimes, which happened between 2011 and 2013, the USAO said.
The IRS requires that financial in…
$600K Fraud: CT Tax Preparer Gets Prison Time For Including Fake Expenses In Returns
A Connecticut man will spend years in prison for including false expenses on income tax returns for clients, federal officials announced.
David Etienne, a 49-year-old New London County tax return preparer based in Norwich, was sentenced to two years in prison on Wednesday, Jan. 17 for a tax fraud offense, the US Attorney's Office for the District of Connecticut announced.
According to federal officials, Etienne worked through several businesses, including Los Maestros Inc., Los Maestros Group, Tax Experts USA, and Tax Experts USA Inc. Between the 2012 and 2021 tax…
CT Accountant Steals $25K From Client, Police Say
A Connecticut accountant faces larceny charges after stealing $25,000 from one of his clients, police announced.
Carl Anderson, who owns Anderson Accounting and Finance LLC, was arrested in Litchfield County by New Milford Police on Friday, Dec. 22 following a lengthy investigation, the department announced on Wednesday, Dec. 27.
The investigation, conducted by New Milford Police, the Internal Revenue Service, and the Connecticut Department of Banking, determined that Anderson stole $25,000 from one of his clients, according to authorities.
Following his arrest, Anderson was ch…
CT Man Gets Prison Time For Tax Evasion: Ordered To Pay Over $160K To IRS
A 61-year-old Connecticut man will spend time in prison for filing a false tax return and providing false documentation to an Internal Revenue Service attorney, federal officials announced.
Tolland County resident David Kamal, age 61, of Stafford, was sentenced on Monday, Sept. 11 to eight months in prison for tax evasion, the US Attorney's Office for the District of Connecticut announced.
Earlier Report - CT Man Charged With Tax Fraud, Obstruction, ID Theft Offenses
According to federal officials, Kamal, a former Hebron resident, purposefully evaded taxes for the 2012 tax…
New Canaan Resident Used Investor Funds To Pay Taxes, Credit Card Expenses, Gets Prison Time
A current Fairfield County resident formerly from New Haven County will spend years in prison for tax evasion and defrauding investors by using their funds to pay his personal expenses.
New Canaan resident Brian Hughes, age 58, formerly of Madison, was sentenced to two and a half years in prison on Monday, March 6 for defrauding investors of two companies, and for tax evasion, the US Attorney's Office for the District of Connecticut announced.
The charges stem back to March of 2015 when Hughes founded Handcrafted Brands, LLC (HBC), in order to raise money to purchase the alcoholi…
