Beware: Scammers exploit IRS COVID Tax Credit, targeting 1 million eligible taxpayers
Scammers are exploiting the IRS's recent initiative to distribute unclaimed $1,400 Recovery Rebate Credits to eligible taxpayers.
7 People Charged In Massive Covid-Related Tax Credit Scheme
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
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Seven Charged in Record-Breaking Employee Retention Credit Fraud Case in Central Islip
Indictment unsealed for the largest Employee Retention Credit fraud in the U.S., charging seven individuals with exploiting pandemic aid.
3 Long Islanders accused of COVID fraud scheme to steal $650 million
"The defendants shamefully took advantage of a global health emergency to line their pockets," said interim U.S. Attorney ...
Daily Voice Nassau County NY on MSN1d
Nation’s Largest COVID-19 Tax Credit Scheme Uncovered In Long Island: USDOJ
Federal authorities announced on Wednesday, Jan. 22, 2025, that seven people have been charged in a $600 million COVID-19 tax ...
Three Long Islanders accused of COVID fraud scheme to steal $650 million, federal prosecutors say
"The defendants shamefully took advantage of a global health emergency to line their pockets," said interim U.S. Attorney ...
7 New Yorkers busted in $44M COVID relief scam; suspect bragged about scheme in rap song: feds
Seven people from City and Long Island have been busted in one of the largest COVID relief fraud schemes in the nation — and ...
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IRS Taxpayer Advocate’s Annual Report Includes Issues Impacting Employers
Every year the IRS National Taxpayer Advocate Service (TAS) issues its Annual Report to Congress that discusses the ten most serious issues ...
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Employee Retention Credit: What businesses need to know
The Employee Retention Credit (ERC) was a crucial financial lifeline for businesses during the COVID-19 pandemic. However, ...