On July 24, 2018, in New York, a section of the 1040 U.S. Individual Income Tax Return form is displayed. In 2023, the government will increase the standard deduction for taxpayers and adjust all seven federal income tax bracket levels, allowing people to deduct more from their taxes due to consistently strong inflation. The IRS said that the standard deduction for married couples filing jointly for tax year 2023 will rise to $27,700, an increase of $1,800 from tax year 2022. (Mark Lennihan,
The Justice Department has filed allegations accusing two tax return preparers in Las Vegas of cheating their clients.
According to complaints filed in the U.S. District Court for the District of Nevada, Michael Moreno and his business Awesome Tax LLC, as well as Carlos Yero and his business Travel All The World, have been preparing and filing thousands of federal income tax returns for clients since at least 2018.
It is said that Moreno, Yero, and their businesses frequently submitted false returns to the IRS, feigning to overestimate the amount of refund owed, all the while informing their clients that they would only receive a smaller refund. The significant difference between these funds would reportedly be collected by Moreno and Yero as “bank fees” at that point. According to the complaints, “bank fees” are charged on a per-return basis and can vary from $300 to $800.
Yero and Travel All The World are accused of causing a tax loss of $2.64 million in 2019 alone, while Moreno and Awesome Tax are said to have generated a tax loss of about $2.74 million in both 2018 and 2019.
The declaration was made by the Tax Division of the Justice Department’s Deputy Assistant Attorney General, David A. Hubbert.
The matter is being handled by attorneys from the Tax Division of the Justice Department.
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North Las Vegas police shoot and kill a guy after discovering three ladies and a dead dog.
Police in North Las Vegas are still looking into the death of a suspect in an officer-involved gunshot. Following the discovery of three women’s remains at the apartment building, police declared the man to be a murder suspect. Neighbors tell Channel 13 that watching events unfold was unsettling.On Tuesday night, three ladies, one guy, and a dog were found dead in North Las Vegas.
Following a shooting incident involving an officer earlier in the afternoon, an investigation is still ongoing in North Las Vegas.
Even though there was another shooting incident on the same nearby street at roughly the same time, it is thought that the two incidents are unrelated and isolated.
There is now a suspect in a triple murder case who was shot and killed by police. According to NLVPD, the man approached police in an apartment courtyard brandishing a gun when they first saw him.