Search for: "INTERNAL REVENUE"
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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]
31 Aug 2020, 2:39 pm
The Internal Revenue Service (IRS) has distributed another round of warning letters to U.S. taxpayers with Bitcoin and other cryptocurrency holdings. [read post]
25 Jul 2014, 12:00 am
Ilyse Wolens Schuman On July 24, 2014, the Internal Revenue Service (IRS) released draft forms that employers will use to report on health coverage that they offer to their employees. [read post]
15 Jan 2016, 1:30 am
Government Accountability Office, Deteriorating Taxpayer Service Underscores Need for a Comprehensive Strategy and Process Efficiencies (GAO-16-151) (Jan 14, 2016): The Internal Revenue Service (IRS) provided the lowest level of telephone service during fiscal year 2015 compared to prior years, with only 38 percent of callers who wanted to speak with... [read post]
1 Nov 2014, 12:15 am
Senator Jeanne Shaheen Of New Hampshire Who Demanded IRS Probe Conservative Organizations: The American Center for Law & Justice (ACLJ) today filed a federal lawsuit in New Hampshire against the Internal Revenue Service (IRS)... [read post]
22 Feb 2005, 12:43 pm
[JURIST] The Internal Revenue Service [official site] announced Tuesday a plan to reduce penalties for executives and companies that admit to using an abusive tax shelter designed to avoid taxes on stock options. [read post]
22 Jan 2015, 6:37 am
In late 2014, the Internal Revenue Service (IRS) issued two Private Letter Rulings (PLR) regarding testamentary powers of appointment. [read post]
13 Nov 2016, 12:40 am
Kadzik, newly exposed by WikiLeaks as colluding with Hillary Clinton’s campaign chairman, is the same Obama appointee who helped cover up the Internal Revenue Service’s deliberate targeting of conservative and Tea Party groups.... [read post]
24 Jul 2012, 8:33 pm
Bloomberg BNA: “Organizations receiving money from so-called anonymous donors are supposed to tell the Internal Revenue Service what they know about the donors’ identity. [read post]
7 Dec 2014, 12:46 am
Mitchell (Cato Institute): I generally don’t feel a special degree of animosity for the internal revenue service. [read post]
4 Apr 2023, 10:00 pm
The Internal Revenue Service (IRS) recently issued proposed regulations that would require forfeitures in defined contribution plans—i.e., unvested benefits forfeited by terminating defined contribution plan participants—to be used to offset employer contributions or pay reasonable plan administrative expenses, or otherwise be allocated to participants, by the end of the year following the year of forfeiture. [read post]
3 Sep 2016, 12:32 am
Government Executive, IRS Chief Affirms That Agency Ended ‘Be on the Lookout’ Lists: In the latest wrinkle in the controversy over the Internal Revenue Service’s alleged targeting of conservative groups, the tax agency’s chief has written to Congress [letter here] to assure lawmakers that its Exempt Organization’s division long ago... [read post]
7 May 2024, 10:00 pm
The Internal Revenue Service (IRS) held a hearing on May 6–7, 2024 on the proposed regulations for donor-advised funds (REG-142338-07) issued by the agency in November 2023. [read post]
21 Jul 2021, 6:21 am
The Internal Revenue Service (IRS) has begun to focus its resources on identifying tax havens in Puerto Rico. [read post]
4 Jan 2022, 10:00 pm
The Internal Revenue Service and the US Treasury Department have issued final regulations providing rules for taxpayers transitioning from interbank offered rates to qualified rates. [read post]
