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11 Jun 2020, 10:00 pm
The Internal Revenue Service and US Department of the Treasury have released proposed regulations governing the excise tax imposed by Internal Revenue Code Section 4960 on certain executive compensation paid to employees of tax-exempt organizations. [read post]
11 Jun 2020, 10:00 pm
The Internal Revenue Service and US Department of the Treasury have released proposed regulations governing the excise tax imposed by Internal Revenue Code Section 4960 on certain executive compensation paid to employees of tax-exempt organizations. [read post]
11 Jun 2020, 4:26 pm
August 8, 2020 is the deadline to comment on Internal Revenue Service (“IRS”) proposed regulations that if adopted as proposed will allow membership payments for participation in direct primary care (“DPC”) and health care sharing ministries (“HCSMs”) to qualify as medical expenses eligible for the itemized deduction under Internal Revenue Code (“Code”) Section 213 and for reimbursement by an employer… [read post]
11 Jun 2020, 9:51 am
The Department of the Treasury (“Treasury Department”) and the Internal Revenue Service (“IRS”) are inviting businesses and individuals to submit recommendations about what issues the 2020-2021 Priority Guidance Plan should include. [read post]
11 Jun 2020, 2:00 am
The firm set a $127 million annual revenue target for the international side of the venture when it launched last year, but it's taking a wait-and-see approach stateside. [read post]
10 Jun 2020, 8:48 am
A mirror federal tax code applies in the territory, but rather than being administered by the Internal Revenue Service, it is administered by the Virgin Islands Bureau of Internal Revenue. [read post]
10 Jun 2020, 7:07 am
Internal Revenue Service (IRS) Form 720, Quarterly Federal Excise Tax Return, is still used to report and pay (in Part II, IRS No. 133) the annual PCORI fee. [read post]
10 Jun 2020, 1:10 am
In the words of the company, “we are generating effectively no revenue. [read post]
9 Jun 2020, 7:37 pm
The court observed that S corporations, unlike disregarded SMLLCs, are required to file informational returns with the Internal Revenue Service, which in the court’s view reduces the risk of underreporting Tennessee excise taxes. [read post]
9 Jun 2020, 3:53 pm
I spent a summer, that summer interning for my dad’s attorney. [read post]
9 Jun 2020, 11:49 am
The Internal Revenue Service (IRS) is reminding taxpayers that estimated tax payments for the tax year 2020, ordinarily due April 15, 2020, and June 15, 2020, are now due July 15, 2020. [read post]
9 Jun 2020, 8:25 am
The agency sent the firm a copy of its standard agreement for recruiting services, but Freshfields didn’t sign it. [read post]
High-Income Nonfilers Owing Billions of Dollars Are Not Being Worked by the Internal Revenue Service
8 Jun 2020, 4:35 pm
Treasury Inspector General for Tax Administration – High-Income Nonfilers Owing Billions of Dollars Are Not Being Worked by the Internal Revenue Service May 29, 2020, Reference Number: 2020-30-015: “The gross Tax Gap is the estimated difference between the amount of tax that taxpayers should pay and the amount paid voluntarily and on time. [read post]
8 Jun 2020, 11:18 am
A tenor con la FFCRA, los patronos pueden solicitar, a través del Internal Revenue Service, un reembolso de los gastos incurridos en salarios y plan médico de empleados acogidos a esta licencia. [read post]
8 Jun 2020, 2:02 am
Lehtimaki & Ors v Cooper, heard 14- 15 January 2020 Sainsbury’s Supermarkets Ltd v Visa Europe Services LLP & Ors, heard 20-23 January 2020 R V C, heard 27 January 2020 Peninsula Securities Ltd v Dunnes Stores (Bangor) Ltd (Northern Ireland), heard 28- 29 January 2020 Regeneron Pharmaceuticals Inc v Kymab Ltd, heard 11-12 February 2020 Royal Mencap Society v Tomlinson-Blake, heard 12- 13 February 2020 Shannon v Rampersad & Anor (T/A Clifton House Residential… [read post]
7 Jun 2020, 1:17 am
Austin, claiming substantial loss in revenues from work as an expert witness, sued the association. [read post]
5 Jun 2020, 4:14 pm
“[This suspension permits] U.S. carriers to exercise the full extent of their bilateral right to conduct scheduled passenger air services to and from China,” said Joel Szabat, Assistant Secretary of Aviation and International Affairs, who signed the command. [read post]
5 Jun 2020, 5:01 am
Readers also know that I have warned that the failure of Congress to provide adequate resources to the Internal Revenue Service contributes to lax tax enforcement and promises to add to the erosion of revenue already underway because of multiple instances of unnecessary tax handouts to the wealthy and large corporations.About a week ago, the Treasury Inspector General for Tax Administration issued a report, the title of which serves as a warning: High-Income… [read post]
5 Jun 2020, 3:00 am
Interior Watchdog: Agency official pressed EPA to hire relative Politico – Ben Lefebvre | Published: 5/29/2020 The Interior Department’s internal watchdog said a senior appointed official violated federal laws by using his official email to push the Environmental Protection Agency to hire his son-in-law. [read post]
4 Jun 2020, 9:05 pm
” The Internal Revenue Service (IRS) proposed a new rule clarifying how businesses may qualify for existing tax credits for carbon capture, a process that prevents carbon dioxide emissions from entering the earth’s atmosphere. [read post]
