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Tag Archives: IRS

Major evangelical nonprofits try a new tax strategy that allows them to hide financial details

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WASHINGTON – Several major evangelical organizations have in recent years moved to a new strategy where they shift from a nonprofit status to a “church” status with the IRS, allowing them to keep private exactly how their money is being ...

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IRS touts 91 percent conviction rate for 2019 tax crime cases

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The Internal Revenue Service has a message for tax criminals: “We will not stop in our pursuit.” There was a 91.2% conviction rate for tax criminal cases in 2019 — a figure IRS officials vow to improve in coming years ...

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Justice Department to settle lawsuits over IRS scrutiny of tea party groups

WASHINGTON — The Justice Department has reached settlement agreements with groups that alleged in federal lawsuits that their constitutional rights were violated when their applications for tax-exempt status received extra scrutiny because their names contained words such as “tea party” ...

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IRS took millions from innocent people, Inspector General finds

The Internal Revenue Service has seized millions of dollars in cash from individuals and businesses who obtained the money legally, according to a new Treasury Inspector General’s report. The report covers IRS cash seizures against businesses and individuals suspected of ...

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Tax cheat from Webster caught by the IRS

A Webster man has admitted to failing to report more than $571,000 of income to the IRS. Brent Derouen, 37, pleaded guilty to two misdemeanor counts of failing to file federal income tax returns before U.S. Magistrate Judge Jonathan W. ...

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Wounded Warrior Project fires top executives, regroups after spending questioned

GAINESVILLE, Fla. — The board of Wounded Warrior Project has fired its top two executives, aiming “to help restore trust in the organization” that began as a shoestring charity providing goodie bags to hospitalized soldiers and became an $800 million ...

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Buffalo developer charged with fraud

BUFFALO — A businessman is accused of trying to cheat the IRS using shell companies and multiple bank and trust accounts. Real estate developer Frank Parlato Jr. was scheduled to be arraigned in federal court in Buffalo Monday on charges ...

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Got a $100 million tax bill? Your check is no good at IRS

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No checks, please. Starting next year, you’re check won’t be any good at the IRS — if you’re making a tax payment of $100 million or more. The IRS says it will reject all checks for more than $99,999,999 because ...

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