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Man sentenced for prison tax fraud scheme (Miami Herald) A prison psychiatric counselor convicted in a scheme to file false tax returns for inmates - netting more than more than $900,000 in rebates - was sentenced to five years behind bars by a federal court in Tampa on Friday. 'File your tax returns in time or face action' (The Times of India) Brace up for a call from the Income Tax department if you are not filing your returns every year. This time, taxmen may drag you to courts to ensure compliance. Royal Adams pleads guilty to filing false tax returns (BizJournals) Royal Adams pleaded guilty to federal charges of filing false tax returns, U.S. Attorney Catherine Hanaway announced Tuesday. Thousands who earn $200,000+ avoid income tax (USA Today) New IRS statistics show 7,389 federal tax returns with $200,000 or more in adjusted gross income reported no federal income taxes in 2005. That's a 161% jump from the 2,833 comparable returns filed in 2004. Fraudulent tax preparation scheme involved over $500,000 in fraudulent claims (Mid-Hudson News) NEW YORK ? A Nanuet tax preparer has been convicted of 18 counts of aiding and assisting in the false preparation and filing of tax returns. Filing tax returns? Here's help (rediff.com) Gift received from relatives are exempt from tax and hence one does not have to pay any tax on such income, says tax expert Vikas Gandhi. One can show such incomes under Exmept Income schedule. Thousands who earn $200,000+ avoid income tax (ABC News) Death is inevitable, but federal income taxes aren't for an increased number of high-income earners.New IRS statistics show 7,389 federal tax returns with $200,000 or more in adjusted gross income reported no federal income taxes in 2005. That's a 161% jump from the 2,833 comparable returns filed in 2004.Additionally, 4,224 of the over-$200,000 earners reported no worldwide income tax liability ... Program at senior center will help file tax returns (The Desert Sun) Mizell Senior Center will help seniors file a tax return so they can get a tax stimulus rebate check. Returns show Ireland votes 'no' on EU treaty (AP via Yahoo! News) Substantial election returns showed Friday that Ireland's voters have rejected the European Union reform treaty, a blueprint for modernizing the 27-nation bloc that cannot become law without Irish approval. 'File your tax returns in time or face action' 14 Jun 2008, 0312 hrs IST,TNN (The Times of India) NEW DELHI: Brace up for a call from the Income Tax (I-T) department if you are not filing your returns every year. This time, taxmen have an express instruction from the government to drag you to courts, if the need so arises, to ensure compliance. |
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