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26 Apr 2024, 3:18 pm by lennyesq
“This new office will revitalize existing programs and pilot new initiatives as part of IRS transformation efforts in alignment with the IRS Strategic Operating Plan,” IRS Commissioner Daniel Werfel said in a statement. [read post]
22 Apr 2024, 1:00 am by The Nonprofit Blogger Named Below
If you didn't get a chance to watch the nearly three hour Senate Finance Committee Hearing featuring IRS Commissioner Danny Werfel last week, here are a couple of interesting mini-colloquies regarding exempt organizations. [read post]
12 Apr 2024, 2:58 pm by lennyesq
“It’s crucial for tax professionals and businesses to be wary of creative and evolving cyberattacks designed to access sensitive systems,” said IRS Commissioner Danny Werfel. [read post]
10 Apr 2024, 11:44 am by Kailey Monsivais
The IRS did not provide any information to the Supreme Court, and the commissioner, Danny Werfel, waived his right to respond to the petition. [read post]
2 Apr 2024, 10:30 pm by Sophie Stalla-Bourdillon
This introduction is not surprising as the concept of (ir)reversibility appeared in old and recent guidance on anonymisation (see e.g., Article 29 Working Party Opinion on Anonymisation Technique 2014, the EDPS and AEPD guidance on anonymisation). [read post]
21 Mar 2024, 1:01 pm by Joshua Smeltzer
Upon an audit by the IRS, the Commissioner increased Soroban’s limited partners’ net earnings by including the distributions of ordinary business income allocated to them, taking the position that they were limited partners in name only. [read post]
8 Mar 2024, 8:00 am by Paul Caron
Bloomberg, Companies Mull Challenges After Corporate Transparency Ruling Bloomberg, Falling US State Tax Collections Threaten More Budget Pain Bloomberg, Former IRS Commissioner Chuck Rettig Joins Chamberlain Hrdlicka Bloomberg, Treasury Says System Flush With Previously Taxed Income Bloomberg, With Business Tax Package Stalled, Some in GOP Say Wait for 2025 Adam... [read post]
8 Mar 2024, 3:00 am by Jim Sedor
California – San Francisco Commissioner Resigns After City Says She OK’d Nonprofit [read post]
26 Feb 2024, 8:30 am by Angela Alloju
” This certification, and its reversal, can only be made by select members of the Internal Revenue Service, including the Commissioner of the IRS, the Deputy Commissioner, or a specified delegate. [read post]
22 Feb 2024, 1:49 pm by Dennis N. Brager
The Commissioner of the IRS, noted that although the full moratorium on processing claims will end by April or May, they are only processing about 1000-2000 claims per week. [read post]
21 Feb 2024, 9:28 am by Brian Bernhardt
The IRS Commissioner also testified before the House Ways and Means Committee that the IRS is still receiving thousands more ERC claims per week than it is processing. [read post]
15 Feb 2024, 6:11 am by Lawrence Brown
Citing the IRS’ additional funding under the Inflation Reduction Act, the News Release quotes IRS Commissioner Danney Werfel as stating: “With expanded resources, […] The post IRS Begins Audits of Corporate Jet Usage appeared first on Brown Tax, PC. [read post]