refund

Former Utah Certified Public Accountant Convicted of Filing False Claims for Tax Refunds Totaling More Than $8 Million and Presenting a $300 Million Fictitious Financial Instrument

Dick Reid Jenkins, of Heber City, Utah, was convicted today, in U.S. District Court for the District of Utah, of eighteen counts of filing false claims for income tax refunds and one count of presenting a fictitious financial instrument, the Justice Department and Internal Revenue Service (IRS) announced.



  • OPA Press Releases

refund

Former Bail Bondsman Indicted in Stolen Identity Tax Refund Fraud Scheme

Roderick Neal, of Dothan, Alabama, was indicted for stolen identity refund fraud crimes, Deputy Assistant Attorney General Ronald A. Cimino of the Justice Department’s Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama announced today following the unsealing of the indictment



  • OPA Press Releases

refund

Three Indicted in a Stolen Identity Refund Fraud Ring

Robert Walker, Charnesha Alexander and Ladonna Conley were indicted for their roles in a stolen identity refund fraud conspiracy, Deputy Assistant Attorney General Ronald A. Cimino of the Justice Department's Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama announced today following the unsealing of the indictment



  • OPA Press Releases

refund

Alabama Tax Preparer Indicted for Stolen Identity Refund Fraud

Teresa Floyd, of Phenix City, Alabama, was indicted for her alleged involvement in a stolen identity refund fraud scheme, Deputy Assistant Attorney General Ronald A. Cimino of the Justice Department’s Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama announced today following the unsealing of the indictment



  • OPA Press Releases

refund

Two Alabama Men Sentenced for Stolen Identity Refund Fraud Crimes in Separate Cases

Deundra Milhouse and Fredrick Hill, both residents of Alabama, were sentenced today in separate stolen identity refund fraud (SIRF) cases, announced Acting Assistant Attorney General Tamara Ashford of the Justice Department’s Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama. Milhouse was sentenced to serve 81 months in prison and Hill was sentenced to serve 74 months in prison



  • OPA Press Releases

refund

Alabama Woman Convicted of Stolen Identity Refund Fraud

A jury found a Dothan, Alabama, woman guilty of conspiring to defraud the government through the filing of false tax returns, Deputy Assistant Attorney General Ronald A. Cimino of the Justice Department's Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama announced today



  • OPA Press Releases

refund

Three Alabama Men Plead Guilty to Stolen Identity Refund Fraud Scheme

Three residents of Montgomery, Alabama, each pleaded guilty during the past week to one count of conspiracy to defraud the government and one count of aggravated identity theft.



  • OPA Press Releases

refund

Utah Resident Sentenced to Prison for Filing False Claims for Tax Refunds

Stanley J. Wardle, of Spanish Fork, Utah, was sentenced today to serve 33 months in prison for filing false claims for income tax refunds, the Justice Department and Internal Revenue Service announced.



  • OPA Press Releases

refund

Time to create multiple tax (refund) days for low-income filers


April 15 is tax day, but not many Americans will be lining up at the post office or logging onto TurboTax as midnight approaches. Taxpayers who receive refunds often file well ahead of the April 15 deadline. And according to new research, many of those refund dollars are already spent or spoken for.

Early filing is particularly common among taxpayers who claim the Earned Income Tax Credit (EITC), which supplements earnings for low-income workers and their families. EITC recipients often receive substantial refunds, especially in relation to their income. According to new data available through our EITC Interactive, nationwide 26.8 million taxpayers benefited from the EITC for the 2013 tax year, and they claimed a total of $64.7 billion from the credit. Combined with other credits and over-withholding these families received, the average refund for EITC filers topped $4,100 that year. As the accompanying map shows, that amount approached $4,500 or more in many southern states.

I thought of those large refunds while reading a fascinating new book by sociologist Kathryn Edin and her colleagues, titled, It’s Not Like I’m Poor: How Working Families Make Ends Meet in a Post-Welfare World. The book provides insights from in-depth interviews with 115 families with children in the Boston area who claimed the EITC. It examines their household budgets and how the families view and use the credit. The authors find that these families rely greatly on their tax refunds to close the gap between the wages they earn and the daily costs of living in an expensive region like Greater Boston. For some, a large tax refund also enabled them to purchase something normally confined to middle-class families, such as a special birthday present for a child or dinner out at a restaurant.

One of the authors’ central findings, however, was that EITC recipients bear a considerable amount of debt—95 percent of the families studied had debt of some kind. The most common (66%) was credit card debt, with the typical family owing nearly $2,000. Considerable shares of families also had utility, car, or student loan debt.

Their indebtedness was not surprising given that wages covered on average only about two-thirds of monthly expenditures. The authors classified one-quarter of families’ refund spending as dedicated to debt/bills, but other ways families  spend the money—such as repairing a car or paying ahead on bills—point to the lack of financial cushion EITC recipients endure throughout the year.

For the families Edin and colleagues studied, the average tax refund represented a staggering three months of earnings. Despite that, the authors report that many families expressed that they preferred the "windfall" versus receipt of payments over several months, partly because the lump sum held out the prospect of helping them save. But one has to wonder if the EITC, now routinely referred to as the nation's most effective anti-poverty policy, best supports families' financial security in this form, as its recipients fall further behind each month.

We should experiment with new ways of delivering EITC recipients' tax refunds that preserve some of its windfall aspect while also periodically delivering portions of the credit throughout the year. A small periodic payment pilot is underway in Chicago, and early findings suggest that advance payments of taxpayers' anticipated EITC helped them meet basic needs, pay off debt, and reduce financial stress relative to similar families not receiving such payments. It’s time to try making the EITC more than an annual boom in a bust-filled financial cycle for low-income families. 

Authors

      
 
 




refund

Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.




refund

Demand for refunds intensifies among college students

As students argue that remote learning doesn't have same value as an in-person education, a growing number of undergraduates are taking their cases to court.




refund

Eurostar backtracks over coronavirus refunds after complaints

Customers say they were denied cancellation repayments and pushed to accept unusable vouchers

Eurostar is to offer more generous cancellation terms and has promised cash refunds after facing a backlash from customers furious at its previous refunds stance.

With French borders still closed to all tourist traffic, Eurostar has been forced to cancel all but two trains a day out of London, leaving thousands of passengers with unusable tickets.

Related: Confusion over French quarantine rules for overseas visitors

Related: UK watchdog flooded with complaints over holiday refunds

Continue reading...




refund

Karen Demands Spiciest Wings, Doesn't Get Refund

Anyone who has worked in retail or the service industry has had to deal with wildly entitled customers, like this Karen who lied to a restaurant owner's face. There are customers out there, who, out of some weird desire to bully people and get their way, will even demand a service that will potentially hurt them, like this Karen who demanded a "fresh" donut straight from the fryer oil.  When trying to understand how someone can be so ruthlessly rude to the people around them, it helps to get some insight from people who know Karens explaining what that's like.




refund

Students 'being ignored' over fee-refund claim

MPs consider a petition signed by 330,000, asking for students to get money back on fees this year.




refund

Mumbai: Schools ease pressure on parents, offer partial refund of fees

With the lockdown prompting students and parents in uncertainty, schools in Mumbai have been acting on requests received from parents on rolling back fees and refunding miscellaneous fares.

According to a report in The Times of India, city schools have been rolling back fees for bus and canteen as children are attending classes online and not availing the services.

Parents have been requesting for financial relief from the school as they have been facing pressure in terms of their jobs and businesses due to the lockdown imposed by the government due to the Coronavirus outbreak. A parent was quoted by the newspaper as saying that the requests for carrying forward a portion of tuition fees and/or additional variable costs to the next term were also made, to which schools replied that they are looking for ways to address the concerns in the best possible way.

The Dhirubhai Ambani International School in Bandra Kurla Complex issued a notice to students and parents that states, "During this time, as we offer virtual classes, your child is not availing the school transport service and the canteen snack facility. Taking this into account, the school has decided to refund the charges paid toward these services for the current quarter of 2020."

Addressing the concerns by parents, the management of the Children’s Academy Group of Schools said that they have decided to roll back on the fee hike. The school’s trustee Rohan Bhatt was quoted by the newspaper saying that "We understand that the parents also might be going through a difficult period financially and, hence, have decided to roll back the fee hike for at least six months," adding that they are also allowing parents to pay the fees at their own pace. However, the trustee also mentioned that if the situation persists, the school may face trouble in paying the salaries of teachers and staff.

On the other hand, some parents said that they are willing to pay the schools until they can afford to and as long as children are getting their education from online classes. Lauding the efforts by the teachers, a parent was quoted by the newspaper as saying, "The efforts the teachers and school are putting into teaching the kids is phenomenal. My child is learning everything from football to keyboard through online classes. So as long as we can, we would be willing to support the school."

Meanwhile, on the circular issued by the Maharashtra state education board, asking schools to be considerate while demanding fees for the ongoing and the next academic year, state education minister Varsha Gaikwad said on Friday that the parents can lodge a complain to the district education officers if schools are forcing them to pay during the lockdown period.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




refund

Parmeet Sethi jokes about his marriage with Archana Puran Singh, says 'Iska koi refund nahin hai'!

Archana Puran Singh has always believed in laughing out loud and living life to the fullest. We all have seen that in Comedy Circus and The Kapil Sharma Show, and the same amount of mirth and liveliness is to be found in her Instagram posts. But in the latest one, it's her hubby Parmeet Sethi who steals the show.

We all get to see Singh capturing Sethi and her mother and Sethi, who seems to be in a jovial mood, begins taking a dig at her and their 30-year old marriage. He calls her a 'defective maal' and also adds 'Iska koi refund nahin hai.' To make matters worse for her and funnier for us, her mother too joins Sethi to pull her leg.

Have a look at the first video right here where we can see all three of them:

And in the second video, the actress gives us a glimpse of their Sunday conversations. She says- "Sunday. No workout. Fresh mint flavoured nimbu paani. Nature. Mom. Parmeet. Bhagyashri. Entertainment. Nok jhok. Happy." (sic)

Have a look right here:

Hope just like us, you also had a laugh!

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




refund

Tax-News.com: India Announces Plans To Simplify GST Filing, Overhaul Refund System

Meeting on May 4, 2018, India's GST Council approved plans to simplify GST filing obligations.




refund

Tax-News.com: Indian Authorities To Collaborate On Tackling GST Refund Fraud

Local authorities in India have been instructed to draw up lists of taxpayers that have filed fraudulent or potentially fraudulent requests for input tax credits and where appropriate share this information with other state authorities.




refund

Tax-News.com: South African Tax Man Stresses Integrity Of Tax Refund System

The South African Revenue Service announced on October 30 that it had paid over ZAR120bn (USD8.4bn) in refunds across all tax types in the last seven months, from the beginning of April of the tax season to date.




refund

Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.




refund

Tax-News.com: Norway's Tax Refunds For Ship Owners Approved

The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners.




refund

Tax-News.com: South Africa Consults On Diesel Fuel Tax Refund Overhaul

The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries.




refund

Tax-News.com: Belgium To Expedite VAT Refunds For Start-Ups

On December 18, 2019, the Belgian Federal Public Finance Service announced that start-up companies can request accelerated refunds of value-added tax credits from January 1, 2020.




refund

Tax-News.com: Belgium To Expedite VAT Refunds For Firms Amid COVID-19

On March 29, 2020, the Belgian tax authority announced that value-added tax refunds will be accelerated for all declarations relating to the month of February 2020.




refund

Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.




refund

Tax-News.com: UAE To Refund VAT Incurred On House Construction Works

Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home.




refund

Tax-News.com: UAE Simplifies VAT Refunds For Home Owners

The United Arab Emirates' Federal Tax Authority has announced the launch of a new service on its website to simplify the process for taxpayers of recovering value-added tax incurred in building their own new homes.




refund

Tax-News.com: Germany Explains COVID-19 Tax Refunds

On April 23, 2020, the German Ministry of Finance confirmed that taxpayers suffering from liquidity problems due to COVID-19 can apply for a refund of advance tax payments made in 2019.




refund

MBA students demand tuition fee refunds over campus closures

Candidates at Wharton among those protesting over diminished educational experience




refund

Admiral to refund £110m of premiums as drivers stay at home

Move by UK group will put pressure on other insurers to follow suit 




refund

Google under fire for squeezing travel startups hit by coronavirus refunds

Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant is asked for flexibility in […]




refund

Joe Biden's campaign has refunded a donation made by disgraced comedian Louis C.K

Comedian Louis C.K, whose real name is Louis Szekely, donated $2,800 to Joe Biden's campaign on March 4. It has since been refunded to Szekely, accused of sexual assaulting five women.




refund

Liverpool REFUSE to refund Atletico fans who didn't travel for fear of spreading coronavirus

The visitors went on to win the game on March 11 and advance to the quarter-final stage of the Champions League - but there were concerns pre-match that it should not have been held.




refund

Virgin refuses to refund Florida tickets even though it’s not safe because of Zika virus

My family and I were due to fly to Florida on the 27th August but following medical advice we decided we shouldn't go because I'm pregnant. Now Virgin is refusing to refund us.




refund

Pregnant woman REFUSED refund for flights to a Zika-infested Caribbean island

Alice Rowland, 28, from Northampton, attempted to cancel her and 26-year-old partner Jefferson George’s flights to Dominica after her doctor advised her against travelling.




refund

Pregnant woman refused £1k refund after cancelling Thomson holiday to Zika-affected Orlando

Zabina Mirza was due to travel with Thomson Airways to Orlando but decided to cancel her trip after the outbreak of the virus but says the alternatives offered were not suitable.




refund

Optus World Cup customers demanding refunds after thousands of viewers unable to stream games

Viewers of the match between Argentina and Iceland on Saturday night were forced to sit through delays of up to three minutes - prompting claims for paying customers to be compensated.




refund

Basketball fans who paid up to $500 to watch the Boomers play USA are told they will get refund

The Boomers may have gone into Thursday nights Australia versus USA all-star basketball match at Melbourne's Marvel Stadium as underdogs, but they are going toe to toe with the visitors. 




refund

Basketball fans refunded $5million after ill-fated game in Melbourne featuring the Boomers

More than $5million will be refunded to thousands of fans who bought tickets to a basketball that used false advertising to claim LeBron James would be playing.




refund

F1 fans to receive full refunds if British Grand Prix at Silverstone in July is cancelled

Silverstone bosses have promised fans a full refund if the British Grand Prix on July 19 is called off. The first seven races of the F1 season have been cancelled over coronavirus pandemic.




refund

MCC reveal members will not receive refunds on their annual fees this year

MCC members have been told there no full or partial refunds of their annual subscriptions despite the prospect of watching cricket at Lord's being "increasingly remote" this season.




refund

BA accused of 'deliberately blocking online cash refunds for flights' amid coronavirus crisis

The UK's biggest frequent flyer website, Head for Points, alleges that customers trying to cancel bookings made with Avios have not been given an online option to claim a refund.




refund

Coronavirus: Ryanair, easyJet and BA are among airlines refusing cash refunds

An investigation by Which? found that carriers including British Airways, Ryanair and easyJet are refusing to let passengers cancel and claim a refund on flights which are still scheduled to run.




refund

Ryanair tells outraged customers they cannot get flight refunds until coronavirus crisis is over

Customers wanting a full refund will be put in a queue until the pandemic passes. Ryanair has recommended customers use a refund voucher which are 'readily available.'




refund

UK's biggest airlines and travel operators are 'flouting the law' by delaying refunds, says Which? 

A survey of the UK's 20 biggest travel firms found that none are refunding customers within the legal time frames. Millions have had holidays cancelled after Britons were advised against all global travel.




refund

Travel agencies face legal action after blocking up to £7billion of refunds for cancelled holidays

The Competition and Markets Authority said it will take companies to court. Jo Lemmon Sparkes, 39, and wife Kirsty, 33, from Cambridge, are fighting Ryanair for a £700 trip.




refund

Holidaymakers face six-month wait for refunds as airlines struggle with backlog with £7billion owed

Millions of travellers are owed money for cancelled flights amid the coronavirus pandemic. EU laws say customers should get refunds in seven days but backlogs mean they are waiting longer.




refund

UK holiday letting firms reported to competition regulator by Which? over denying Covid-19 refunds

Frustrated customers got in touch with the consumer champion saying they were struggling to secure their money back from companies such as Skyes Holiday Cottages and Hoseseasons.




refund

Banks are failing to explain why fraud victims have not been refunded

A damning review by the Financial Ombudsman of an anti-fraud code which came into force last May has raised numerous concerns about the way banks are treating victims who have lost millions.




refund

ASK TONY: Scrapped New York trip to care for son but refused refund

My partner and I booked a short break in New York to celebrate my 50th birthday. At the beginning of August, my son was diagnosed with stage 4 Hodgkin lymphoma blood cancer.