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17 Aug 2022, 1:51 pm
A Federal Court has ruled that the Internal Revenue Service can serve a “John Doe” summons on crypto prime dealer SFOX, a court ruled Monday, allowing the tax agency to hunt for potential tax evaders using company’s services. [read post]
17 Aug 2022, 9:16 am
This is partly because human rights organizations like Amnesty International have documented labor and human rights abuses in the supply chain for Chinese electric vehicle batteries. [read post]
17 Aug 2022, 8:27 am
Perhaps one of the most controversial pieces of the Inflation Reduction Act (IRA) is the expansion of the Internal Revenue Service (IRS). [read post]
16 Aug 2022, 11:07 pm
A Message from Chuck Rettig, Commissioner of Internal Revenue [to IRS employees]The signing of the historic reconciliation package marks a transformational moment for our agency — and an opportunity for the future of tax administration as well as IRS employees.As you know well, the IRS has struggled for many years to receive sufficient resources to fulfill our important mission. [read post]
16 Aug 2022, 9:30 am
Buchanan One of the many false talking points that has recently emerged among Republicans with national ambitions is that the Inflation Reduction Act (the significantly pared-down, but still extremely good, final iteration of the Build Back Better bill) will involve -- cue the scary music -- hiring 87,000 new Internal Revenue Service agents to harass and jail typical, law-abiding American citizens.Again, this is false. [read post]
15 Aug 2022, 2:35 pm
Part 3—Funding the Internal Revenue Service and Improving Taxpayer Compliance Sec. 10301—Enhancement of Internal Revenue Service Resources: This section provides $80 billion in funding to the Internal Revenue Service (“IRS”), including more than $3 billion for taxpayer services, more than $45 billion for enforcement activities, more than $25 billion for operations support,… [read post]
15 Aug 2022, 9:07 am
The IRS Says They Stole It First off today, Kristin Robinson at Billboard reports that the Internal Revenue Service (IRS) is accusing two individuals, as well as a variety of co-conspirators, stole an estimated $23 million in royalties owed to a variety of other artists. [read post]
12 Aug 2022, 4:22 pm
With crowdfunding continuing to grow in popularity as a means to do everything from launch business ventures to help those in need, the Internal Revenue Service (IRS) has recently provided guidance on crowdfunding’s tax implications. [read post]
12 Aug 2022, 5:05 am
Announces First Quarter 2022 Financial Results Total revenue second highest quarter in company history; 9% Revenue Growth, and Strong Nebula Adoption for the quarter versus Q1 2021 MCLEAN, Va. [read post]
12 Aug 2022, 4:00 am
But a plethora of hate groups still populate the site, and the company boosts its revenue by running ads on searches for these pages. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 10:00 pm
The Internal Revenue Service (IRS) provided a late summer gift to retirement plan sponsors by extending some year-end plan amendment deadlines. [read post]
11 Aug 2022, 2:56 pm
The Taxpayer First Act changed Section 7609(f) of the Internal Revenue Code – the section governing John Doe Summonses. [read post]
11 Aug 2022, 8:09 am
Some of the proposed amendments create new requirements applicable only to covered entities with over 2,000 employees or over $1 billion in gross annual revenues averaged over the last three years, defined as “Class A Companies. [read post]
10 Aug 2022, 3:18 pm
Smarter Collaboration helps increase revenues, profits, and efficiencies while reducing risks and improving client relationships and positive outcomes. [read post]
10 Aug 2022, 1:12 pm
The Internal Revenue Service (IRS), however, takes taxation issues of crypto quite seriously. [read post]
