Internal Revenue Service

Dec 7 2010

Charges of bid rigging, price fixing

LOS ANGELES, Calif.—Bank of America today agreed to pay $67 million to settle charges of bid rigging, price fixing, and other anti-competitive practices that defrauded state agencies, local governments and nonprofit groups.

"This settlement means that government agencies facing lower budgets will recover millions of dollars in restitution for money that they were deprived of by some unscrupulous bond-derivative investment advisers,'' Attorney General Jerry Brown said.

Nov 17 2010

Seeking Los Angeles and Orange county residents

LOS ANGELES, Calif.—More than 6,600 residents of Los Angeles and Orange counties have federal tax refunds waiting to be claimed, but Internal Revenue Service officials said today they don't know where to send the checks.

"We want to make sure taxpayers get the money owed to them,'' said IRS Commissioner Doug Shulman. "If you think you are missing a refund, the sooner you update your address information, the quicker you can get your money.''

Marisol Aguilar  |   OW Contributor
Oct 14 2010

Exemptions that may save you a little cash

Some students often complain that their pay is not enough, while others complain that the taxes withheld from their pay is a problem that leaves them living paycheck to paycheck.

The Internal Revenue Service (IRS) offers a few exemptions to qualified students that could add a little more money to paychecks.

Aug 12 2010

DEA, sheriff, IRS, Immigration join forces

LANCASTER, Calif.—On Tuesday (Aug. 10), law enforcement officers in the Antelope Valley arrested 43 members and associates of a Pasadena-based street gang, 11 of whom are charged in federal indictments for allegedly trafficking in crack cocaine.

About three pounds of crack cocaine and 114 grams of powder cocaine were seized during a more than yearlong investigation, authorities said.

Across Black America

Here’s a look at African American people and issues making headlines throughout the country.
 

Alabama
Freeman A. Hrabowski, president of the University of Maryland, Baltimore County, will address the annual African American Business Council luncheon on June 28. Hrabowski, who is chairman of President Barack Obama’s Advisory Commission on Education Excellence for African Americans, has a national reputation for his work studying the performance of minority students in math and science. Hrabowski, named one of the 10 best college presidents in the country by Time magazine, was a child leader in the Civil Rights Movement in Birmingham in the 1960s.
 

Arkansas
The Liberty Counsel filed a motion and a brief in United States District Court for the Eastern District of Arkansas seeking to intervene on behalf of a Concepts of Life crisis pregnancy center to defend against a suit filed by the American Civil Liberties Union and the Center for Reproductive Rights. The groups seek to impose a permanent injunction before the Human Heartbeat Protection Act goes into effect July 18. Liberty Counsel also filed a brief opposing the ACLU’s request for an injunction. The “Heartbeat” bill states that when a woman seeks an abortion at or after the 12th week, doctors must test for a fetal heartbeat before an abortion is performed and inform the pregnant mother that the child in her womb has a heartbeat. If a heartbeat is detected, a woman cannot have an abortion, except in cases of rape, incest, and if a mother’s life is in danger. “As we promised when the legislation was introduced, Liberty Counsel will defend this law without reservation for the people of Arkansas, born and pre-born,” said Matt Staver, founder and chairman of Liberty Counsel. “No right is more foundational than the right to life. Without life, all other rights are irrelevant,” concluded Staver.