Search for: "INTERNAL REVENUE"
Results 5961 - 5980
of 24,724
Sort by Relevance
|
Sort by Date
29 Mar 2020, 3:05 pm
The Federal News Network is reporting that the due to the coronavirus pandemic, the IRS issued an evacuation notice Friday afternoon directing that nearly all of its employees work from home on mandatory telework starting Monday, March 30. [read post]
28 Mar 2020, 1:38 pm
The recent Court of International Trade case TR International Trading Company v. [read post]
28 Mar 2020, 8:59 am
Modification of Limitation on Losses for Taxpayers other than Corporations Prior to TCJA 2017, the Internal Revenue Code imposed three limitations on an individual’s ability to claim a pass-through loss (from a partnership, S-Corporation, or sole proprietorship): sufficient adjusted tax basis, the at-risk requirement, and the passive activity rules. [read post]
28 Mar 2020, 8:59 am
Modification of Limitation on Losses for Taxpayers other than Corporations Prior to TCJA 2017, the Internal Revenue Code imposed three limitations on an individual’s ability to claim a pass-through loss (from a partnership, S-Corporation, or sole proprietorship): sufficient adjusted tax basis, the at-risk requirement, and the passive activity rules. [read post]
28 Mar 2020, 8:49 am
The detail of how this reduction is to be calculated has yet to be issued by the Office of the Revenue Commissioner. [read post]
28 Mar 2020, 5:25 am
As a follow-up to its announcement that the April 15 income tax filing deadline is extended to July 15, the Internal Revenue Service has created a series of Frequently Asked Questions to address common questions that may arise from taxpayers and tax professionals. [read post]
27 Mar 2020, 3:38 pm
Internal Revenue Code (IRC) Section 72(t) imposes an additional 10-percent tax on early distributions from qualified retirement plans. [read post]
27 Mar 2020, 1:47 pm
Unless an exception applies, Internal Revenue Code (“IRC”) Section 61 requires a taxpayer to include cancellation of indebtedness income in its taxable income. [read post]
27 Mar 2020, 9:06 am
However, there are provisions within federal code and Internal Revenue code, as well as in many states’ revenue codes that allow for employers to provide to employees when there is a disaster declaration, like there is currently nationwide, qualified disaster relief payments. [read post]
27 Mar 2020, 3:30 am
The CARES Act also confirms that the Secretary of the Treasury will waive certain penalties under the Internal Revenue Code for any employer that fails to deposit social security taxes in anticipation of taking the credit. [read post]
26 Mar 2020, 9:39 pm
The IRS has issued the following press release: IR-2020-59, March 25, 2020 WASHINGTON — To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions. [read post]
26 Mar 2020, 2:42 pm
The Internal Revenue Service (“IRS”) announced on March 25, 2020, an extensive series of steps to help taxpayers on a number of issues, including easing payment guidelines and postponing compliance actions, through the enactment of the People First Initiative. [read post]
26 Mar 2020, 2:34 pm
And the double taxation potential of the significant economic presence test can create friction in international commerce. [read post]
26 Mar 2020, 1:33 pm
As set forth in the Internal Revenue Service’s IR-2020-57, DOL issued guidance in Field Assistance Bulletin 2020-1 (March 24, 2020) (the “FAB”) providing a temporary 30-day non-enforcement policy of violations of the Act (from March 18 through April 17, 2020) for employers that acted reasonably and in good faith as defined therein. [read post]
26 Mar 2020, 11:44 am
Meanwhile, under existing law, the Internal Revenue Code of 1986, as amended (the “Code”) permits employers to provide some immediate and direct employee assistance on a tax-favored basis. [read post]
26 Mar 2020, 10:57 am
Congress passed a major overhaul of the federal tax system in 1954, creating what we know as the Internal Revenue Code (IRC). [read post]
26 Mar 2020, 10:43 am
At the conclusion of the annuity period, any appreciation on the trust assets in excess of the monthly Internal Revenue Code Section 7520 rate will pass to the trust’s ultimate beneficiaries transfer tax-free. [read post]
26 Mar 2020, 8:36 am
” Short-Time Compensation (aka work-sharing) (STC) Federal government will fully reimburse states for all STC programs as defined in Section 3306(v) of the Internal Revenue Code. [read post]
26 Mar 2020, 7:14 am
Treasury and Internal Revenue Service, Department of Justice, Texas State Securities Board, and other government agency types that you never really want to hear from unannounced–you would always rather call them as a victim of a scam. [read post]
26 Mar 2020, 6:58 am
Internal Revenue Service (IRS) has set up a special Coronavirus Tax Relief section on its website, in order to help taxpayers, businesses and others affected by COVID-19 obtain information regarding their tax and filing obligations, all of which have been affected by the pandemic. [read post]
