Internal Revenue Service (IRS) – Virgin Islands Free Press

A new federal report scrutinizes Puerto Rico’s tax incentives luring wealthy Americans

SAN JUAN, Puerto Rico (AP) — Puerto Rico tax incentives that have lured thousands of rich Americans to the U.S. territory for over a decade are under scrutiny after federal legislators released…

John McCarthy December 14, 2025

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IRS audit could cost Trump more than $100 million in taxes on Chicago tower

CHICAGO — There is new potential tax trouble for former President Donald Trump over his Chicago Tower. An IRS audit uncovered by the New York Times and ProPublica found that Trump…

John McCarthy May 12, 2024

Breaking News Business News Crime News

Reluctant pastor’s son to most-viewed preacher: Shooting puts new spotlight on Joel Osteen

HOUSTON (AP) — Joel Osteen is one of the most familiar faces in American religion. The pastor who leads the Houston megachurch where a 5-year-old boy was critically wounded in a Sunday shooting that…

John McCarthy February 13, 2024

At VIFreep Breaking News Business News

Puerto Rico to Pursue Abusers of Lax Tax Credit System

SAN JUAN (AP) — Puerto Rico announced today that it will start cracking down on those who abuse the U.S. territory’s tax credit system, an opaque and long unregulated sector…

John McCarthy January 17, 2023

At VIFreep Breaking News Crime News

St. Croix Woman Gets 2 Years In Prison For Her Role In 10-Woman Tax Fraud Scheme

CHRISTIANSTED — One of ten women who participated in a tax fraud scheme that stole Virgin Islanders' tax refunds got two years in prison from a federal judge. Joanne Benjamin,…

John McCarthy August 30, 2021

At VIFreep Breaking News Crime News

Ringleader of Mother-Daughter Tax Fraud Scheme Gets 10 Months In Prison

CHRISTIANSTED — The ringleader of a mother-and-daughter tax fraud scheme was given two more months in prison than her daughter by a federal judge. Patricia Henry, 52, was sentenced Friday…

John McCarthy July 26, 2021

At VIFreep Breaking News Crime News

Woman Faces 10 Years In Prison After Admitting To Stealing $17K In Tax Refunds

CHRISTIANSTED — A woman who used fake IDs and filed multiple tax returns faces 10 years in prison after a guilty plea in federal court on Friday, authorities said. Nicolette…

VI Free Press May 17, 2021

At VIFreep Breaking News Business News

Make Sure Your Earning Records Are Correct With Social Security’s Online Portal

Accurate earnings records are vital to the Social Security Administration and to every worker in the United States. If Social Security cannot match the name and Social Security number (SSN)…

Victor Rodriguez April 15, 2021

At VIFreep Breaking News Business News

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…

VI Free Press March 13, 2021

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Forward-Thinking Puerto Rico Government Begins Sending Out $600 Federal Stimulus Checks

SAN JUAN — The Puerto Rico government has started sending out the first of the $600 federal stimulus checks to local residents, which should be immediately reflected in people's bank…

VI Free Press January 22, 2021