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23 May 2021, 10:00 pm
Please read our summary and analysis of the Internal Revenue Service’s recent Notice 2021-31, which provides much-anticipated guidance for plan sponsors, multiemployer plans, and COBRA administrators related to the COBRA subsidy provisions under the American Rescue Plan Act. [read post]
25 Sep 2019, 2:00 pm
The Internal Revenue Service has announced the inflation adjustments for the estate and gift tax exclusion, the generation-skipping transfer tax exemption, the gift tax exclusion and other estate planning rates for 2020. [read post]
1 Dec 2019, 8:00 am
Wall Street Journal, How Investigators Busted a Huge Online Child-Porn Site: The call came in while two criminal investigators for the Internal Revenue Service sat at a Bangkok airport gate in July 2017, waiting for a flight. [read post]
22 May 2015, 12:05 am
Government Executive, Advocacy Group: IRS' Problems 'Won't Be Cured by Removing Lois Lerner': Following months of Freedom of Information Act requests, a team of conservative lawyers has sought to rewrite the narrative of the targeting controversy that has plagued the Internal Revenue Service for two years. [read post]
22 Mar 2012, 2:18 am
The Subcommittee on Oversight of the House Ways & Means Committee holds a hearing today on Internal Revenue Service Operations and the 2012 Tax Return Filing Season: In fiscal year 2011, the IRS collected $2.4 trillion in taxes, processed 144.7 million individual tax returns, and issued $345 billion in refunds.... [read post]
23 Nov 2015, 10:00 am
Following up on my previous post, Income Inequality Decreased Significantly in 2013: Tax Foundation, Summary of the Latest Federal Income Tax Data, 2015 Update: The Internal Revenue Service has recently released new data on individual income taxes for calendar year 2013, showing the number of taxpayers, adjusted gross income, and... [read post]
30 Mar 2024, 10:00 pm
The Internal Revenue Service (IRS) and US Department of the Treasury (Treasury) published proposed regulations (the Proposed Regulations) in late December 2023 setting forth rules that would apply to the tax credits for US-situated clean hydrogen production facilities enacted under the Inflation Reduction Act of 2022 (IRA). [read post]
21 Apr 2023, 8:52 am
In 1919, the Bureau of Internal Revenue issued a... [read post]
14 Sep 2016, 12:10 am
: The leadership of the House speaker, Paul Ryan, is about to be challenged by the latest partisan mischief from ultraconservative Republicans — a meritless and unprecedented attempt to impeach the commissioner of the Internal Revenue Service,... [read post]
23 Dec 2008, 5:21 pm
Here is an introduction to the article: On July 11, 2008, the Internal Revenue Service issued Notice 2008-63, which includes... [read post]
22 Feb 2012, 1:30 am
An International Revenue Agent, in New Jersey, Joe West, audited an... [read post]
11 Apr 2007, 7:08 pm
From a Public Citizen press release: Public Citizen today filed complaints with the Internal Revenue Service (IRS) and the Federal Election Commission (FEC) alleging that the nonprofit group Americans for Job Security (AJS) has violated both the terms of its... [read post]
31 Oct 2015, 12:20 am
The Weekly Standard, A Good Start: On October 27, the House of Representatives moved to impeach the commissioner of the Internal Revenue Service, John Koskinen. [read post]
12 May 2017, 2:00 pm
Provided below is an abstract of the Article: Internal Revenue... [read post]
15 Feb 2015, 12:16 am
Government Executive, IRS Chief Refuses to Apologize to Lawmakers on Missing Emails: Internal Revenue Commissioner John Koskinen late Wednesday turned aside a demand that he apologize for untimely notification of Congress that the tax agency had lost thousands of emails sought by investigators probing political targeting allegations. [read post]
21 Aug 2012, 11:49 am
In March I posted this entry here which announced the extension of an Internal Revenue Service (IRS) comment period. [read post]
5 Jul 2023, 3:00 am
Following up on last month's post, Lawsky Website With Practice Problems And Quizzes For Federal Income Tax: Sarah Lawsky (Northwestern; Google Scholar) has added a new feature that allows users to download a FREE Internal Revenue Code and Regulations Selected Sections (PDF) as well as a customizable version with only... [read post]
2 Aug 2016, 12:30 pm
The Treasury Department and Internal Revenue Service plan would place new limits... [read post]
18 Apr 2013, 12:26 pm
Attorney for the Western District of Tennessee, Press Release: 24 current and former employees of the Internal Revenue Service have been charged for crimes relating to fraudulently obtaining more than $250,000 in government benefits. [read post]
14 Sep 2017, 12:15 am
Lerner was the infamous Obama Administration cat’s paw at the Internal Revenue Service, which harassed conservative political groups in the Tea Party era. [read post]
