Monday, April 15, 2013
Free food was given to those who knew the tax-related password
April 15th has rolled around once again, and at least one local business was offering up a tax day treat. California Tortilla served free orders of chips and queso to the tax-weary, a welcome reward whether you're reveling in your refund or pinching pennies after paying Uncle Sam. Diners simply had to say the password— "1040"—when purchasing any item. Rockville's California Tortilla is located at 199 E. Montgomery Ave. Did your Rockville business offer tax day promotions? How will you spend your tax refund? Tell us in the comments.
DOJ: Operator of online drug company sold drugs that weren’t approved for human use
A Germantown man has pleaded guilty to evading taxes on income he earned from the online sale of supplements that were not approved for human use by the U.S. Food and Drug Administration. David Kirkham, 41, faces a maximum sentence of five years in prison and a $100,000 fine. He must also must pay the IRS $280,541 for the tax years 2003 through 2006. According to the plea, those were the years that Kirkham ran a web-based business called Lion Nutrition, which sold drugs that he bought from China. He purchased a similar business called Solid Muscle in 2006. The drugs sold online were billed as bodybuilding and performance enhancing supplements but they were misbranded and contained ingredients—including a human growth hormone peptide—that …
Tuesday, January 29, 2013
Prosecutors: Ewdy Jose Olivo and his brother used their Silver Spring tax service to steal identities and file false tax refund claims.
A Rockville man and his brother were indicted by a federal grand jury Monday in Greenbelt on charges that they prepared and filed false tax returns using personal information stolen from customers of their Silver Spring tax service, the U.S. Attorney’s Office in Baltimore announced in a news release. Ewdy Jose Olivo, 28, of Rockville, and Juan Manuel Olivo, 30, of Hyattsville, stole information and prepared false returns through Oligil Tax Services, which they owned and operated at 8549 Piney Branch Rd., accoring to an 18-count indictment. Click the PDF above to read the full indictment. The indictment seeks the forfeiture of $88,960 seized on April 10 from the tax office and from a Silver Spring home owned by Juan Olivo, the release said…
Wednesday, December 19, 2012
Married same-sex couples who reside in Maryland can file jointly in 2014.
Same-sex married couples in Maryland will be able to file joint tax returns but they'll have to wait a year to do so. Comptroller Peter Franchot said Wednesday in a statement that "same-sex couples in the State of Maryland – whether married in this state or in other states – will have the opportunity to file joint tax returns for Tax Year 2013, and will receive the same state tax treatment as any married couple." The comptroller issued the statement a day after a Washington Times story reported that same-sex couples in Maryland would not be eligible to file jointly. Franchot said the story "contained significant misinformation regarding the tax filing status of same-sex couples in Maryland." That story raises questions about Maryland's tax…
Wednesday, June 6, 2012
Emerging scam uses fradulent email address displaying .mil domain, according to Maryland Comptroller and the IRS.
Maryland Comptroller Peter Franchot and the IRS warned residents Tuesday about an emerging scam using fraudulent email accounts targeting military personnel, military retirees and civilian employees. The emails appear to offer up additional funds from the IRS for those receiving disability compensation from the Department of Veterans Affairs. They are sent from the "Defense Finanance and Accounting Services," and even display a .mil email domain. But Franchot and the IRS warned that the emails are a fraud and do not come from a legitimate government email address. “We want to inform every Marylander of this scam,” said Franchot in a statement. “In these tough economic times, unscrupulous people prey on the vulnerabilities of others. While…
Wednesday, November 24, 2010
Re-elected congresswoman treats part-time staff as contractors which may run afoul of IRS
Capital News Service WASHINGTON — Rep. Donna Edwards did not provide health insurance, cover payroll taxes or pay for unemployment insurance for her campaign workers, a practice that may skirt IRS rules. She avoided these costs by paying her campaign staff as independent contractors instead of regular employees, according to expense reports filed with the Federal Election Commission. The only other Maryland congressional candidate to fail to pay benefits was Rep.-elect Andrew Harris, the Republican whose anti-"Obamacare" stance was a key plank in his campaign that unseated first-term Rep. Frank Kratovil in Congressional District 1. Edwards represents Congressional District 4, which includes parts of Germantown, Montgomery Village, …