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16 Aug 2018, 9:44 am
WASHINGTON -- The Internal Revenue Service today urged high-income taxpayers and those with complex tax returns to check their withholding soon to avoid an unexpected tax bill or penalty when they file their 2018 federal income tax return in 2019. [read post]
19 May 2020, 12:44 pm
Current closures at the Internal Revenue Service (“IRS”) have caused significant delays in obtaining an Employer Identification Number (“EIN”) for some U.S. businesses formed by Canadians, including new U.S. subsidiaries formed by Canadian companies. [read post]
13 Apr 2009, 11:43 am
On April 6, 2009, the Internal Revenue Service posted a link requesting feedback from tax-exempt organizations on the revised Form 990, the information return filed by such organizations each year. [read post]
17 Aug 2018, 3:30 am
Think Again: To the chagrin of creative tax lawyers who saw promising loopholes in the Trump administration’s sweeping tax reform legislation, the Internal Revenue Service has shut down avenues for high-earning lawyers to take advantage of a hefty new 20... [read post]
7 Oct 2011, 5:30 am
Department of Labor (“DOL”) and the Internal Revenue Service recently announced that the two agencies have signed a memorandum of understanding to “improve departmental efforts to end the business practice of misclassifying employees in order to avoid providing employment protections. [read post]
13 Feb 2022, 9:00 pm
In 2021, the Internal Revenue Service’s Criminal Investigation Division (IRS CI) seized $3.5 billion in cryptocurrency assets. [read post]
16 Mar 2023, 5:45 pm
If you have been contacted by Special Agents from the Internal Revenue Service’s Criminal Investigation division (IRS CI), one of the first questions you need to answer is, “Why? [read post]
29 Mar 2013, 12:46 pm
Warwick reportedly owes millions in back taxes to the Internal Revenue Service (IRS) and the state of California. [read post]
17 Nov 2014, 9:00 am
., Board Certified by The Florida Bar in Health Law The Internal Revenue Service (IRS) is hoping that a change in the law and the possibility of a big payout will encourage more whistle-blowers snitching to authorities. [read post]
19 Jul 2016, 12:05 am
The Hill, GOP Platform Calls for Impeachment of IRS Chief: The Republican Party platform adopted Monday calls for Internal Revenue Service (IRS) Commissioner John Koskinen to be impeached and removed from office. [read post]
18 Aug 2009, 12:41 pm
The Internal Revenue Service (IRS)… Continue reading [read post]
9 Mar 2011, 2:00 pm
Now, Accounting Today and various tabloids have broken the story that some other film industry icons, namely Martin Scorsese and Al Pacino, have been served by the Internal Revenue Service with tax liens [read post]
18 Dec 2020, 1:00 pm
Remember the flurry of Internal Revenue Service (IRS) notices that got sent out in mid-November? [read post]
25 May 2023, 12:01 pm
Treasury Department), The Inflation Reduction Act's Impact on Tax Compliance—and Fiscal Sustainability: The Inflation Reduction Act (IRA) includes a once-in-a-generation investment in the Internal Revenue Service... [read post]
16 Jun 2023, 4:22 pm
The Internal Revenue Service (IRS) and its Criminal Investigation Division (IRS CI) are continuing to prioritize the investigation of COVID-19 relief fraud. [read post]
18 Mar 2022, 5:44 pm
Employers of all sizes have an obligation to withhold income and FICA taxes from their employees’ paychecks and remit the withheld funds to the Internal Revenue Service (IRS). [read post]
22 Dec 2021, 8:26 pm
Tax season is right around the corner, and those who make mistakes can expect to hear from the Internal Revenue Service (IRS). [read post]
6 Apr 2016, 4:29 am
Here’s news from this Sullivan & Cromwell memo: Yesterday evening, the Internal Revenue Service (the “IRS”) and the Treasury Department (the “Treasury”) issued new temporary regulations and final regulations that address inversion transactions and certain post-inversion transactions. [read post]
25 Jun 2016, 12:34 am
Kay Bell (Don't Mess With Taxes), IRS Commissioner Impeachment Effort Inches Along at Second, Largely Ignored Judiciary Committee Hearing: Internal Revenue Service Commissioner John Koskinen probably was the happiest person in Washington, D.C., today. [read post]
31 Oct 2016, 5:32 pm
Last year, the Internal Revenue Service was able to collect $6.3 billion in unreported income, fines, and penalties from taxpayers who did not pay all taxes due. [read post]
