A Richmond, Virginia, tax return preparer was sentenced yesterday to one year and a day in prison for evading her own taxes.
According to court documents and statements made in court, Willette J. Holland owned Tax Professionals, a return preparation firm located in Richmond, Virginia. In August 2014, the IRS contacted Holland because she had not filed personal tax returns for the years 2010 through 2013.
My friend never filed my taxes for 10 years. What do I do? - nj.com
First, a taxpayer is ultimately responsible for the timely and accurate filing of their own income tax returns, said Bernie Kiely, a certified financial planner and certified public accountant with Kiely Capital Management in Morristown.
Before e-filing of federal income tax returns was a thing, a taxpayer would have to sign and date their tax returns and attach a check prior to mailing their tax return to the IRS, he said.
Opinion: Worried about a hike in capital-gains taxes? - MarketWatch
Are higher capital-gains taxes just around the corner? It's a hot topic of discussion right now in light of the Biden administration's American Families Plan.
No matter your income level or how much you have invested to date, tax efficiency has a meaningful impact on how much of your income you hold on to, and in turn how much your investments grow over time.
Tax Preparer Sentenced to a Year for Not Paying Her Own Taxes
A Virginia woman was sentenced Thursday to one year and a day in prison for failing to pay her taxes. Willette J. Holland, owner of Tax Professionals, came under investigation starting in August 2014 regarding her taxes.
The IRS reached out to Holland, a tax preparer because she didn't file a personal tax return from 2010 to 2013. She filed a false return from the following years which underrepresented her projected income and business receipts.
Pontiac Mayor Waterman delinquent on two years of property taxes – The Oakland Press
Deirdre Waterman, the mayor of Pontiac running as a write-in candidate because she did not pay filing fees and fines on time, owes thousands in property taxes.
According to Oakland County tax records through July 15, Waterman owes approximately $2,550 in delinquent property taxes from 2019 and 2020.
Do you have to pay back the child tax credit payment? What to know about your 2022 taxes - CNET
If your income goes up this year, you might be eligible for less of the child tax credit than originally estimated.
The IRS refers to these checks as "advance" payments ahead of 2021 tax season. "That means you're simply getting the payments sooner rather than waiting to receive that money when you file," Jaeger said.
Californians pay the most taxes and fees on gasoline | cbs8.com
He stands by it, and says now, it's even higher at $1.21.
" On July 1st, the excise tax in California went up by 6/10 of a cent," said Noda.
Sales tax on gas has also increased since then.
Property Taxes in San Diego Reach $7.2 Billion After 99% Paid on Record Parcels - Times of San
Nearly 100% of the county's overall property tax charges were paid, resulting in $7.2 billion in revenue.
Treasurer-Tax Collector Dan McAllister issued a statement saying the county posted a 99.02% figure "under the cloud of the pandemic."
"San Diego County is now home to a record 1,001,029 parcels," McAllister said. "For this last deadline, we surpassed the percentage of taxes paid over what was paid in 2020. We've seen that taxpayers are stepping up and paying what they owe.
Texas REALTORS creates 'What to Know: Property Taxes 101' campaign for Texans | kvue.com
AUSTIN, Texas — Property taxes are an issue that impacts all Texas homeowners, yet understanding them can be difficult.
Through Texas REALTORS' campaign, " What to Know: Property Taxes 101 ," the organization hopes to help homeowners understand important information regarding property taxes.
Proposed city budget could raise Bismarck's property taxes
BISMARCK, N.D. (KFYR) - Bismarck's budget committee presented the 2022 preliminary budget to city commissioners Tuesday. The proposal is set to increase property taxes by nearly four million dollars.
The proposal prioritized sustaining and maintaining existing levels of city services for citizens, public safety and cybersecurity. Additionally, officials plan to use CARES Act, Municipal Infrastructure and American Rescue Plan funding when possible.
Happening on Twitter
The expanded Child Tax Credit will start hitting bank accounts this AM. Trump-endorsed Glenn Youngkin called this… https://t.co/lTKmlCfMy0 TerryMcAuliffe (from Virginia) Thu Jul 15 13:35:22 +0000 2021
The #ChildTaxCredit has begun hitting bank accounts across #VA07. I was proud to vote for the American Rescue Pla… https://t.co/J9Yxjpidrx SpanbergerVA07 (from Glen Allen, VA) Fri Jul 16 11:31:00 +0000 2021
Virginia Tax Return Preparer Sentenced to Just Over 12 Months for Evading Her Own Taxes https://t.co/4ZKzlq7oyB TheJusticeDept (from United States of America) Fri Jul 16 14:57:37 +0000 2021
Starting TODAY, working families across Virginia will begin receiving monthly payments of up to $300 per child—all… https://t.co/BPQ7LsPRN6 GovernorVA (from Richmond, VA) Thu Jul 15 22:00:20 +0000 2021
No comments:
Post a Comment