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May 13, 2024 — A Kingdom City, Mo., business owner was sentenced in federal court today for fraudulently receiving more than $673,000 in loans for several businesses under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

IR-2024-39, Feb. 13, 2024 — With a key March deadline quickly approaching, the Internal Revenue Service today highlighted special warning signs that an Employee Retention Credit claim may be questionable to help small businesses that may need to resolve incorrect claims.

July 31, 2023 — A Springfield, Mo., business owner has pleaded guilty in federal court to his role in a nearly $14 million wire fraud conspiracy that utilized his businesses, as well as fake businesses, to fraudulently receive loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

September 22, 2022 — Yaser Najjar, of Westlake, Ohio, was sentenced on Tuesday, September 7, 2022, by U.S. District Judge Donald C. Nugent to two years in prison and was ordered to pay a $100,000 fine and at least $503,398 in restitution to the IRS after he pleaded guilty to four counts of attempt to evade and defeat income tax.

Sept. 26, 2024 — A New Jersey business owner today admitted his role in a fraud scheme involving COVID funds, fraudulent tax filings and a fraudulent loan application, U.S. Attorney Philip R. Sellinger announced.

The Tax Cuts and Jobs Act ("TCJA") made significant changes that affect international and domestic businesses, such as deductions, depreciation, expensing, tax credits and other tax items. This side-by-side comparison can help taxpayers understand the changes and plan accordingly.

IR-2023-193, Oct. 19, 2023 — As part of a larger effort to protect small businesses and organizations from scams, the IRS today announced the details of a special withdrawal process to help those who filed an Employee Retention Credit (ERC) claim and are concerned about its accuracy.

September 2, 2022 — The Office of the United States Attorney filed federal criminal complaints charging money service business employees Griselda Cancelada Liceaga, Veronica Mora, and Yoselin Perez Ramirez with conspiracy to commit money laundering and identity theft in connection with a scheme to facilitate wire transfers for drug traffickers sending drug proceeds to their sources of supply in Mexico.

Feb. 5, 2024 — A former Overland Park, Kansas, man pleaded guilty in federal court today to charges related to fraudulently receiving more than $800,000 under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

December 13, 2022 — United States Attorney Brandon B. Brown announced that Michael Ansezell Tolliver, of Monroe, Louisiana, appeared before United States District Judge Terry A. Doughty yesterday and pleaded guilty to one count of money laundering.