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22 Sep 2016, 12:21 am
Chief Calls Efforts to Oust Him ‘Improper’: The commissioner of the Internal Revenue Service, John A. [read post]
8 Sep 2014, 12:40 am
: Congress had little opportunity to debate the Internal Revenue Service’s missing-e-mail controversy while on break during the past month, but lawmakers will have plenty to talk about when they return next week. [read post]
11 Mar 2008, 11:45 pm
The Pew Forum on Religion & Public Life has recently released Politics and the Pulpit 2008: A Guide to the Internal Revenue Code Restrictions on the Political Activity of Religious Organizations. [read post]
4 Jan 2019, 1:09 pm
Until the government shut-down is resolved, expect to hear this message if you try to contact IRS, “Welcome to the Internal Revenue Service. [read post]
3 Aug 2009, 9:41 pm
Internal Revenue Code § 7491 titled Burden of Proof states in part: (a) Burden shifts where taxpayer produces credible evidence (1) General rule If, in any court proceeding, a taxpayer introduces credible evidence with respect to any factual issue relevant to ascertaining the liability of the taxpayer for any tax imposed by subtitle A or B, [...] [read post]
23 Jul 2016, 8:22 am
Senators Cory Booker (D-NJ), Bob Menendez (D-NJ), Debbie Stabenow (D-MI), Elizabeth Warren (D-MA), and Ron Wyden (D-OR) have introduced the Student Loan Tax Relief Act: The bill amends the Internal Revenue Code of 1986 to exempt student loans discharged for any reason from being taxed as income, including through participation... [read post]
30 Nov 2020, 4:24 am
If you trade or invest in cryptocurrency, you are obligated to report all income from your trades and sales to the Internal Revenue Service (IRS). [read post]
19 Apr 2018, 10:00 pm
Section 4611 of the Internal Revenue Code has, for many years, imposed a tax of $0.09 cents per barrel on crude oil received at a refinery, and on petroleum products entered into the U.S. for consumption, use, or warehousing. [read post]
15 Jul 2021, 9:00 pm
The Internal Revenue Service (IRS) recently issued a News Release warning about tax scams targeting U.S. taxpayers. [read post]
17 Aug 2021, 10:00 am
At the federal level in 2015 section 7345: Revocation or Denial of Passport in case of Certain Tax Delinquencies was added to the Internal Revenue Code permitting the ... [read post]
5 Feb 2010, 12:13 pm
The Internal Revenue Service has released the 2010 version of its discussion and rebuttal of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal tax laws. [read post]
30 May 2022, 9:00 pm
The Internal Revenue Service (IRS) recently published its Data Book for 2021. [read post]
12 Mar 2023, 10:00 pm
Private equity, hedge fund, and other investment fund sponsors should be aware that there continue to be significant developments in the Internal Revenue Service's (IRS’s) audit campaign with respect to the potential liability for Self-Employment Contributions Act (SECA) tax of investment professionals through their limited partnership interests in fund management vehicles. [read post]
16 Jun 2024, 10:00 pm
The US Department of Labor and Internal Revenue Service have issued coordinated guidance on the pension-linked emergency savings account (PLESA), a new in-plan emergency savings account feature created by the SECURE 2.0 Act of 2022. [read post]
16 Jun 2024, 10:00 pm
The US Department of Labor and Internal Revenue Service have issued coordinated guidance on the pension-linked emergency savings account (PLESA), a new in-plan emergency savings account feature created by the SECURE 2.0 Act of 2022. [read post]
22 Feb 2008, 9:19 am
Kate Taylor's New York Sun story today on art-world fund-raising events for Barack Obama mentions that his "arts platform" includes support for "Senator Patrick Leahy's Artist-Museum Partnership Act, which would amend the Internal Revenue Code to allow artists to take full deductions on works that they donate to a museum or another nonprofit. [read post]
10 Apr 2015, 10:49 am
For the fourth year, attorneys at the Baltimore firm participated in a partnership between the Internal Revenue Service, the American Bar Association and the U.S. military called the Volunteer Income Tax Assistance Program, or VITA, helping to instruct military service members on how to prepare military income tax returns. [read post]
7 Jun 2015, 12:05 am
Fox News op-ed: More IRS Outrage: Agency Used 'Hundreds of Lawyers' to Hide Information from Congress, by Jay Sekulow: It’s been a very bad week for the Internal Revenue Service (IRS) – which translates into a very bad week for the American people. ... [read post]
17 Aug 2021, 10:00 am
At the federal level in 2015 section 7345: Revocation or Denial of Passport in case of Certain Tax Delinquencies was added to the Internal Revenue Code permitting the ... [read post]
15 Nov 2021, 10:00 pm
The Internal Revenue Service has announced that the annual gift tax exclusion is increasing next year due to inflation. [read post]
