Quantcast
Results tagged “irs”
Federal Officials Take Victory Lap After Thomas' Guilty Plea

Federal Officials Take Victory Lap After Thomas' Guilty Plea

The U.S. attorney and other federal officials involved in the investigation into former Councilmember Harry Thomas Jr. took a victory lap at a press conference Friday afternoon. more ›

Thomas Charged With Theft, Filing a False Tax Return

Thomas Charged With Theft, Filing a False Tax Return

UPDATED: After a day of conjecture and confusion as to Councilmember Harry Thomas, Jr.'s (D-Ward 5) fate yesterday, today federal prosecutors charged him with theft and filing a false tax return. more ›

Marion Barry: Slightly Less or Maybe More Radioactive Than Before

Marion Barry: Slightly Less or Maybe More Radioactive Than Before

"Councilmember Barry Continuing to Irradiate Federal Tax Liability." So stated a press release from Councilmember Marion Barry today in the wake of a filed in September by the Internal Revenue Service. more ›

Now Harry Thomas, Jr. is Paying Two Governments Back

Now Harry Thomas, Jr. is Paying Two Governments Back

Councilmember Harry Thomas, Jr. (D-Ward 5) may make $125,000 a year as a member of the D.C. Council, but not much of that is staying in his bank account. more ›

Thomas Supporters Stand by Him Despite Federal Raid

Thomas Supporters Stand by Him Despite Federal Raid

Mike DeBonis follows up on FBI and IRS agents’ search of D.C. Councilmember Harry Thomas Jr.’s home, a response to allegations that Thomas steered $300,000 of public money to his private use. DeBonis finds that Thomas continues to enjoy unwavering support from a select group of loyal backers and D.C. residents, despite increased federal scrutiny and a looming indictment. more ›

Wait, Don't Pay For Tax Preparation (Unless You Have To)

Wait, Don't Pay For Tax Preparation (Unless You Have To)

Now that W-2s, 1099s and whatever other income reports you might get have mostly arrived, tax season is officially upon us. Do you find the whole idea of filing overwhelming? Before you haul over your documentation to a commercial tax prep office, you should know that the District offers some dedicated tax help for free. more ›

You're Welcome, American Taxpayers

You're Welcome, American Taxpayers

To those around the country who incorrectly view our fair city as simply a place where real America comes to protest, don't forget: our local government is to thank for a couple of extra days to file your income taxes this year. more ›

Tax Day Promotions & Giveaways Abound

Tax Day Promotions & Giveaways Abound

Paying your taxes can be a real bummer, but the plethora of special Tax Day promotions and giveaways on deck will hopefully brighten moods in Washington today. more ›

Metro's SmartBenefits Changes Extension Granted

Metro's SmartBenefits Changes Extension Granted

Metro says it has in fact been granted an extension on implementing required changes to its SmartBenefits program. Last month, the transit agency announced that it would seek a year-long extension on the changes, which have been mandated by the IRS, after some controversy arose over a provision that would have required unused benefits to be returned to the employer at the end of each month, regardless of whether the employee was contributing their own pre-tax salary to it. Today's announcement reported the extension has in fact been formally granted, giving WMATA until Jan. 1, 2011 to implement the revised program, so for the time being, employers may continue to assign monthly benefits directly onto their employees' SmarTrip cards. more ›

Former IRS Agent Pleads Guilty in Tax Office Case

Former IRS Agent Pleads Guilty in Tax Office Case

As expected, former IRS employee Robert Steven, 55, pleaded guilty in federal court today for his involvement in the D.C. Office of Tax and Revenue scandal. Steven remains free until he is sentenced on Oct. 8. The Post has a bit more information about the role Steven and his estranged wife Patricia played in the enormous embezzlement scheme.

A bank account set up by the couple in the name of a clothing design firm took in $9.2 million in embezzled funds from 1990 to 2007, according to prosecutors. Of that, $1.7 million was transferred into a Wachovia account used primarily by Robert Steven, according to court documents. With that money, Steven bought four cars, all Jaguars, as well as a home in Edgewater and numerous vacations to the Bahamas, prosecutors said.
That $9.2 million is a pretty significant amount, though not as much as the $18 million former Bank of America employee Walter Jones helped to embezzle. Not to suggest that there's any silver lining to be found for the D.C. government in this case, but it is worth pointing out that two of key players in the scheme, people with access and expertise crucial to hiding over $50 million over the course of two decades, were not themselves employees of the D.C. Office of Tax and Revenue. Steven and his wife are described as longtime friends of accused mastermind Harriette Walters. more ›

SIXTH TAX SCANDAL PLEA LIKELY

The Post says that Robert Steven, a former division director of the IRS's New Carrollton office, appears set to plead guilty in federal court today for his involvement in the D.C. Office of Tax and Revenue scandal. Steven and his estranged wife are both longtime friends of Harriette Walters and have both been charged; Steven's charges are listed as possession of stolen property and conspiring to commit money laundering. Missing from the story: did Steven's IRS expertise help to make the scam possible? We're looking forward to finding out if and when a plea agreement is announced. more ›

1

send a tip

tips@dcist.com
Follow dcist on Twitter