Posts Tagged ‘tax break for madoff victims’

Madoff Victims Start Receiving IRS Checks for Repayment of Theft Loses; Some Ponzi Scheme Victims Denied Refunds

Thursday, August 6th, 2009

The Internal Revenue Service has begun sending out refund checks to victims of Bernie Madoff’s scheme who’ve taken advantage of a special IRS rule for Ponzi victims. The IRS is now repaying investors who’ve paid taxes on money they thought they made on investments with Madoff’s firm.
I’ve blogged about how Ponzi victims can get expert tax help for maximizing their tax benefits to help them regain their financial welfare. Taxpayers
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