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7 Aug 2013, 6:10 pm by Tim Resch
Recently, the Internal Revenue Service and Department of Labor announced that some of these requirements will be delayed until 2014 or... [read post]
31 Oct 2016, 11:12 am by Paul Caron
Manoj Viswanathan (UC-Hastings) presents Tax Compliance in a Decentralizing Economy at Loyola-L.A. today as part of its Tax Policy Colloquium Series hosted by Ellen Aprill and Katherine Pratt: Tax compliance in the United States depends heavily on centralized institutions acting as intermediaries between taxpayers and the Internal Revenue Service. [read post]
20 Feb 2019, 9:00 pm
The Tax Cuts and Jobs Act (TCJA) amended Section 217 of the Internal Revenue Code (Code) to suspend the deduction for moving expenses from 2018 through 2025. [read post]
2 Nov 2017, 6:59 pm by Nonprofit Blogger
According to The New York Times (here and here), Republicans in the House of Representatives release proposed legislation today that would institute some significant changes to the Internal Revenue Code. [read post]
5 Sep 2007, 10:00 am
Interesting article in this week's National Law Journal: Nonprofits Scramble Under New Scrutiny, by Sheri Qualters:Congressional committees, state attorneys general and now the Internal Revenue Service (IRS) are placing nonprofit organizations under scrutiny and sending them scrambling for legal advice... [read post]
18 Aug 2010, 2:15 am by Paul Caron
Often, as a means of ensuring compliance with Internal Revenue Code... [read post]
27 Oct 2011, 1:00 am by Paul Caron
The economic substance doctrine under certain circumstances overrides the technical provisions of the Internal Revenue Code.... [read post]
30 Aug 2012, 1:10 am by Paul Caron
J. 271 (2012): This Article proposes that Congress should amend subchapter M of Chapter 1 of the Internal Revenue Code to make the basis limitations to REIT investors more similar to that of investors in... [read post]
17 Jan 2013, 2:42 pm by Michael Walker
Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2012, the Internal Revenue Service said today. [read post]
4 Apr 2013, 6:47 am by Nonprofit Blogger
The IRS released yesterday the proposed regulations under Internal Revenue Code section 501(r)(3) relating to community health needs assessments by charitable hospitals that are tax-exempt under section 501(c)(3). [read post]
18 Sep 2020, 11:05 am by Nonprofit Blogger
Today the IRS released the anticipated final regulations interpreting Internal Revenue Code section 4968. [read post]
3 Dec 2023, 10:00 pm
Private equity, hedge fund, and other investment fund sponsors should be aware of the recent development in the Internal Revenue Service’s (IRS’s) audit campaign with respect to potential liability for Self-Employment Contributions Act (SECA) tax on investment professionals through their limited partnership interests in fund management vehicles. [read post]
18 Jan 2021, 10:00 pm
The Internal Revenue Service and the US Department of the Treasury pre-released final regulations, T.D. 9945, under Section 1061 on January 7, providing guidance to the holders of certain carried interests. [read post]
9 Mar 2010, 10:00 am by Paul Caron
Micah Burch (University of Sydney, Faculty of Law) has posted National Funding for the Arts and Internal Revenue Code § 501(c)(3), 37 Fla. [read post]
20 May 2014, 8:18 pm by Evidence ProfBlogger
In my former life as a litigator for the Internal Revenue Service (someone had to do it), I was always amazed at the “deer in the headlight” looks I received when I informed an attorney that he/she waived the attorney-client... [read post]
9 Feb 2012, 9:33 am by Nonprofit Blogger
The Office of Exempt Organizations (”EO”), Tax Exempt & Government Entities Division of the Internal Revenue Service, has just published its 2011 Annual Report and 2012 Work Plan. [read post]
8 Mar 2023, 6:40 am by Bryan Cooke
The IRA extended the Investment Tax Credit (ITC) available under Section 48 of the Internal Revenue Code (the Code), which provides up to 30% in tax credit for wind […] [read post]
13 Oct 2021, 10:00 pm
Partner Greg Needles and associate Michael Gorman authored an article for Law360 discussing an Issue Snapshot published by the Internal Revenue Service (IRS) reminding 403(b) plan sponsors of a compliance failure often identified by the IRS during audits of government and tax-exempt entities, including hospitals and universities. [read post]
14 May 2020, 10:00 pm
New guidance from the Internal Revenue Service will allows RICs and REITs to retain more capital by distributing less cash to shareholders in certain stock distributions—welcome relief during the current economic volatility resulting from the coronavirus (COVID-19) pandemic. [read post]