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29 May 2019, 6:00 am by Kevin Kaufman
” It then discusses how opportunity zones can be measured against this benchmark, and suggests the Internal Revenue Service (IRS) should modify Form 8996—the form that opportunity zone investors will use to report their activities to the IRS— so that opportunity zone data on the number of QOFs, QOF investment, and qualifying business investment, can be tied to specific census tracts to help measure the program. [read post]
29 May 2019, 5:00 am by Bass, Berry & Sims
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]
28 May 2019, 10:56 am by William Ford
Assists with scheduling and coordinating internal and external events and meetings for Senior Fellow. [read post]
28 May 2019, 7:49 am by Michael Geist
It does so by limiting regulation to those Canadian services with $300 million or more in revenue from online video services (likely no one right now) vs. the same $300 million threshold or $1 billion in total global revenues for foreign operators (thereby capturing Netflix, Amazon, CBS, Disney, etc.). [read post]
28 May 2019, 6:33 am
Photo on left by Jindrich Nosek and is licensed under Creative Commons Attribution-Share Alike 4.0 International license. [read post]
The letter, sent when an individual files a claim for Social Security benefits, lists the name of the plan that previously reported this individual to the Internal Revenue Service (IRS) on Form 8955-SSA as an employee who separated from employment with a deferred benefit under the plan, or on Form 1099 as an employee who took a plan distribution. [read post]
27 May 2019, 6:05 am by Michael Geist
Years of public consultation on Canadian digital policy hit an important milestone last week as Innovation, Science and Economic Development Minister Navdeep Bains released the government’s Digital Charter. [read post]
26 May 2019, 2:16 pm by Kelly Phillips Erb
Now, there’s another organization raising eyebrows: Safehouse, a Pennsylvania nonprofit corporation which hopes to open a supervised injection site, has been granted tax-exempt status by the Internal Revenue Service (IRS). [read post]
24 May 2019, 8:03 pm by John Jascob
She observed that the Bermuda Monetary Authority recently released draft guidance for crypto custodial services which addresses how to store private keys for hot and cold storage while preserving necessary liquidity, what safeguards should be in place to prevent unauthorized access, and how to frame internal audit of transactions to ensure their integrity. [read post]
24 May 2019, 10:39 am by rwmedia
The Internal revenue Service (IRS) considers owing money the same way it views borrowing money. [read post]
24 May 2019, 10:39 am by rwmedia
The Internal revenue Service (IRS) considers owing money the same way it views borrowing money. [read post]
24 May 2019, 8:46 am by Gene Takagi
” Washington Post “A confidential Internal Revenue Service legal memo says tax returns must be given to Congress unless the president takes the rare step of asserting executive privilege, according to a copy of the memo obtained by The Washington Post. [read post]
24 May 2019, 3:00 am by Jim Sedor
Confidential Draft IRS Memo Says Tax Returns Must Be Given to Congress Unless President Invokes Executive Privilege MSN – Jeff Stein and Josh Dawsey (Washington Post) | Published: 5/21/2019 A confidential Internal Revenue Service (IRS) legal memorandum says tax returns must be given to Congress unless the president takes the rare step of asserting executive privilege. [read post]
23 May 2019, 11:52 am by Jerry Kalish
Failure to follow the control group and affiliated service group rules  can result in significant compliance issues with the Internal Revenue Service (“IRS”) and the Department of Labor (“DOL”). [read post]
23 May 2019, 11:52 am by Jerry Kalish
Failure to follow the control group and affiliated service group rules  can result in significant compliance issues with the Internal Revenue Service (“IRS”) and the Department of Labor (“DOL”). [read post]
23 May 2019, 11:00 am by Paul Caron
IR-2019-96, IRS Releases Data Book for 2018 (May 20, 2019): The Internal Revenue Service today released the 2018 IRS Data Book, a snapshot of agency activities for the fiscal year. [read post]
22 May 2019, 4:46 pm by Carolyn Benson and Eric Hedlund
The Internal Revenue Service (IRS) recently changed the process to obtain an employer identification number (EIN) that could create significant delays, especially for entities controlled by non-U.S. persons. [read post]
22 May 2019, 1:00 pm by Paul Caron
Memo Undercuts Mnuchin on Withholding Trump’s Tax Returns: The Internal Revenue Service has no choice but to honor congressional requests for President Trump’s tax returns unless he invokes executive privilege to protect them, according to a draft legal memo written by agency staff members. [read post]