Tag: Bureau of Internal Revenue (BIR)

Government Says It Will Dole Out Another Round Of Income Tax Refunds This Week

CHRISTIANSTED — During the Government House weekly press briefing today, Government House Communications Director Richard Motta said the government has begun distributing another round of income tax refunds totaling $25 million. Governor Albert Bryan has said he expects the Virgin Islands government to become current on all outstanding income tax refunds in 2022. This latest […]

BIR and Finance Send Out $25 Million in $1,400 Stimulus Checks

CHARLOTTE AMALIE — Governor Albert Bryan announced today that the Virgin Islands Bureau of Revenue (BIR) and the Virgin Islands Department of Finance have mailed out almost $25 million in $1,400 Stimulus Checks to 10,000 residents. This week’s distribution of $24.9 million in federal funds from President Biden’s American Rescue Plan is the first of a […]

Governor Bryan: $1,400 Stimulus Checks Going Out This Week

CHRISTIANSTED — Governor Albert Bryan announced at Monday’s Government House weekly press briefing that the $1,400 stimulus payments from the American Rescue Act will be mailed out to tax filers who are eligible this week. The Bureau of Internal Revenue (BIR) sent out $600 checks to 41,524 — or 92 percent — of the approximately […]

St. Croix Woman Gets Less Than 1 Year In Prison For Stealing $40K In Tax Refunds

CHRISTIANSTED — A St. Croix woman who stole more than $40,000 in other people’s U.S. Virgin Islands income tax refunds has been given a sentence of less than one year in prison, authorities said. Sheba Rashida Young, 44, of St. Croix, was sentenced yesterday in federal court to ten months of incarceration, followed by three […]

St. Croix Tax Fraudster Gets 1 Year In Prison For Stealing $65K In Tax Refunds

CHRISTIANSTED — A St. Croix woman convicted of stealing at least $65,000 through a tax fraud scheme she concocted with nine others will serve one year in prison, authorities said. Sylvia Benjamin, 41, of Frederiksted, was sentenced in federal court on Friday to twelve months of incarceration, followed by three years of supervised release, U.S. […]

Finance, Bureau of Internal Revenue Send Out $15 Million In Income Tax Refunds

CHARLOTTE AMALIE — The Virgin Islands Department of Finance and the Bureau of Internal Revenue sent out more than 6,000 income tax refunds to residents this week totaling more than $15 million The latest disbursement is a continuation of refunds from the 2018 tax year and part of Governor Albert Bryan Jr.’s pledge to stabilize and […]

USVI Parents To Get $3,000 To $3,600 Per Child Starting In Summer From Rescue Act

WASHINGTON — USVI parents will soon get cash benefits from the USA COVID-19 Rescue Act. The U.S. Virgin Islands is included in the $1.9 trillion American Rescue Plan Act that includes payments to parents with children under the age of 18. The provisions of that Act will increase the child tax credit to $3,000 per […]

Government Says It Issued Some 2018 Income Tax Refund Checks

CHARLOTTE AMALIE — The Virgin Islands government is in the process of issuing another round of income tax refunds – $15 million in two disbursements that will be completed by December 15, according to the Bureau of Internal Revenue.  This latest round of tax refunds also will include refunds for tax year 2018.  To date, the […]

Will Republicans And Democrats Sign Off On A 2nd Stimulus Check By Dec. 31?

WASHINGTON — Time is running out for the U.S. government to approve a second coronavirus relief package. So where does that leave Americans anxiously awaiting a second federal stimulus check — the cash payments that were distributed earlier this year? There are signs that a scaled-down deal might be in the works, although the popular […]

Deadline For Filing Tax Return In Order To Qualify For Stimulus Check Is October 15, BIR Says

CHARLOTTE AMALIE — The Virgin Islands Bureau of Internal Revenue (BIR) reminded territorial residents of the availability of the federal stimulus payment of $1,200 for individual or head of household filers, and $2,400 for married residents who file joint returns. In accordance with the IRS regulations, the deadline to file a return to receive this […]