CHARLOTTE AMALIE — U.S. Attorney Gretchen C.F. Shappert and Michael J. De Palma, Special Agent in Charge, Internal Revenue Service, Criminal Investigation (IRS-CI), Miami Field Office, made the announcement today in an effort to remind taxpayers of the July 15 filing and payment deadline and warned against an increase in tax and COVID-19 scams. Due […]
Tag: Internal Revenue Service (IRS)
St. Croix’s Lynell Hughes Faces Ten Years In Prison For Being Convicted of Tax Fraud
CHRISTIANSTED – A St. Croix woman admitted in federal court on Friday that she got at least $62,000 by a fraudulent tax scheme. Lynell Hughes, 35, pled guilty on August 17, 2018, in U.S. District Court to conspiracy to defraud the United States, U.S. Attorney Gretchen C.F. Shappert said. According to the plea agreement filed […]
Wayne James Owed $200,000 In Taxes … And Never Filed A Federal Income Tax Return From 2000-2005
MAKING FRIENDS: Marla Matthew, Principal of St. Joseph High School on St. Croix, congratulates the school’s English teacher, Wayne James, upon his election as a Senator in the Virgin Islands Legislature in November 2008. FREDERISTED — On March 10, 2008, Wayne James, 57, was deposed in a Superior Court Civil Case relating to the disposition […]
Monies Donated To Community Foundation of Virgin Islands Used To Pay Mapp Staffers
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHARLOTTE AMALIE — Money donated to the Community Foundation of the Virgin Islands for hurricane recovery was used to pay staff employed by Governor Kenneth Mapp’s much-publicized Hurricane Recovery and Resiliency Task Force. The Community Foundation of the Virgin Islands (CFVI) operates as 501(c)(3) nonprofit organization under the Internal Revenue Service […]
Mapp Nominates 14 Virgin Islands Communities For Special Federal Tax Breaks Under IRS
CHARLOTTE AMALIE — Gov. Kenneth Mapp has nominated 14 neighborhoods on St. Thomas and St. Croix as Qualified Opportunity Zones eligible for U.S. tax breaks under the massive tax bill passed by Congress last December, Government House announced today. The nominated zones, which are considered 14 “low income census tracts”, are subject to the approval of the […]
IRS Extends Tax Relief For Residents of Virgin Islands and Puerto Rico Into This Year
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] WASHINGTON — The Internal Revenue Service (IRS) has issued a notice extending the relief it provided last year to residents of the U.S. Virgin Islands and Puerto Rico who evacuated or couldn’t return because of the damage caused by Hurricanes Irma and Maria. Notice 2018-19 extends the relief from last year’s Notice […]
Mapp Says Tax Court Ruling Has ‘Major Ramifications’ For Territory’s EDC Program
CHARLOTTE AMALIE — In a long-awaited decision that has major ramifications for the territory’s Economic Development Commission (EDC) program, the U.S. Tax Court in Washington, D.C. has rejected the arguments of the U.S. Internal Revenue Service (IRS) and ruled that the federal statute of limitations applies to U.S. Virgin Islands taxpayers who file their income […]
IRS Says That President Trump’s Disaster Designation For Territory Might Give Taxpayers More Time To File
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHARLOTTE AMALIE — Victims of Hurricane Maria that took place beginning on Sept. 16, 2017 in parts of U.S. Virgin Islands may qualify for tax relief from the Internal Revenue Service, the IRS announced Friday. President Trump has declared that a major disaster exists in the territory. Following the recent […]
Someone On St. Croix, St. Thomas Or St. John Won $2 Million In The Powerball Drawing Last Night … It Could Be You!
[ad name=”HTML-68″] CHRISTIANSTED — One lucky Virgin Islander matched five out of six numbers in the Powerball drawing in Florida last night. Not only that, but one person in the territory spent one dollar extra for the Powerplay option on the ticket, meaning that the $1 million they won was doubled to $2 million. One […]
St. Croix Native Celeste Bermudez, Former VI CARE Director, Gets 2.5 Years In Jail And Must Pay Back $458K For Theft Of Federal Funds
CHARLOTTE AMALIE – U.S. District Court Judge Curtis Gomez sentenced Celeste P. Bermudez, 42, of Methuen, Massachusetts, today to 30 months in prison and three years of supervised release for theft of federal program funds, Acting United States Attorney Joycelyn Hewlett said. Gomez also ordered St. Croix native Bermudez to serve a concurrent sentence of […]