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19 Mar 2021, 8:15 am
Background Pursuant to joint guidance issued on May 4, 2020 (Joint Guidance), the DOL and Internal Revenue Service (IRS) suspended or “tolled” a number of participant and plan deadlines. [read post]
19 Mar 2021, 4:00 am
While some endured revenue falls and staff cuts after the coronavirus crisis first hit, consultancies and other lobbying outfits have become increasingly active since then. [read post]
19 Mar 2021, 1:55 am
The ARPA also instructs the Internal Revenue Service (IRS) to begin distributing the CTC in monthly payments, which will create significant administrative challenges. [read post]
18 Mar 2021, 3:24 pm
Over the past decade, Congress has imposed severe funding and staffing cuts at the Internal Revenue Service, cuts that have seriously undermined the agency’s ability to administer the nation’s tax laws. [read post]
18 Mar 2021, 3:00 pm
(Colorado Department of Revenue). [read post]
18 Mar 2021, 1:52 pm
Silver Lake’s portfolio companies collectively generate more than $190 billion of revenue annually and employ more than 441,000 people globally. [read post]
18 Mar 2021, 11:32 am
Specifically, the CDPA grants opt-out rights only for: Targeted advertising; The sale of personal data; and Profiling in furtherance of decisions that produce legal or similarly significant effects concerning the consumer (e.g. data used to make determinations for granting or denying items like financial services, housing, insurance, education enrollment, employment opportunities and health care services). [read post]
18 Mar 2021, 9:45 am
Taxpayers remit taxes to their home state and to other states, and about 21 percent of state tax revenue comes from nonresidents. [read post]
18 Mar 2021, 9:02 am
States may use this latest aid to: Respond to the public health emergency or its negative economic impacts, which includes aid to households, businesses, and impacted industries, and is likely to include covering the compensation of state health and public safety officials and current unemployment benefit claims, consistent with Treasury’s guidance on the Coronavirus Relief Fund, which was dedicated to similar purposes; Supplement the pay of essential workers; Pay for general government… [read post]
18 Mar 2021, 5:02 am
We have done an excellent job managing costs while growing revenue. [read post]
17 Mar 2021, 9:38 pm
You might have already heard about this, but in case you have not, here is some very important news: The Treasury Department and Internal Revenue Service announced late today that the federal income tax filing due date for individuals for... [read post]
17 Mar 2021, 7:25 pm
R. 1019 – To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of certain new electric bicycles. [read post]
17 Mar 2021, 2:41 pm
Department of the Treasury and the Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. [read post]
17 Mar 2021, 1:48 pm
By Kevin Liptak, Katie Lobosco, Jeanne Sahadi and Tami Luhby, CNN *** (CNN)The Internal Revenue Service plans to delay this year’s tax filing deadline by roughly a month, to mid-May, according to an official familiar with the plans. [read post]
17 Mar 2021, 5:55 am
Tech platforms and networks have scaled up to keep people connected to jobs and education services in ways that would not have been possible even a decade ago. [read post]
16 Mar 2021, 11:03 am
Internal Revenue Service (IRS) Whistleblower Office detailing the allegations in early March, according to Bloomberg. [read post]
16 Mar 2021, 10:39 am
Department of Labor and Internal Revenue Service websites for updated guidance. [read post]
16 Mar 2021, 9:08 am
Sandra Kuba, the plaintiff in a lawsuit against Disney, is a certified Public Accountant (CPA) who was hired as a financial analyst for Disney Financial Services in 1999. [read post]
16 Mar 2021, 6:00 am
By Dave Tumen and Greg Daugherty At long last, the Department of the Treasury and Internal Revenue Service published final regulations to explain how changes to Internal Revenue Code Section 162(m) under the Tax Cuts and Jobs Act of 2017 (TCJA) affect the deductibility (or lack thereof) of compensation in excess of $1 million paid to covered employees. [read post]
16 Mar 2021, 5:45 am
Until the early twentieth century, excise taxes made up a large proportion of the total federal taxes paid, but today they contribute only 2.9 percent of federal tax revenues.[2] The Internal Revenue Service defines an excise tax as a tax “imposed on the sale of specific goods or services, or on certain uses. [read post]
