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29 Mar 2018, 1:00 am
Will urged Congress to undertake a seemingly futile gesture: He wanted the House to impeach John Koskinen, commissioner of the Internal Revenue Service.... [read post]
28 Mar 2018, 10:00 am
The Internal Revenue Service has warned taxpayers to be wary of abusive tax shelters, which remain on the annual “Dirty Dozen” list of tax scams for 2018. [read post]
28 Mar 2018, 7:00 am
Tax Court after the Internal Revenue Service (IRS) increased the value of the de Kooning estate by $231 million, resulting in a $92 million tax bill. [read post]
27 Mar 2018, 5:02 pm
She also suffers complications of sickle-cell disease, including avascular necrosis in both hips and gallbladder disease.Access is a non-profit corporation operating exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, for the benefit of, to perform the functions of, or to carry out the purposes of post-secondary education institutions. [read post]
Fifth Circuit Vacates DOL Fiduciary Rule While SEC Pushes Forward with Goal of Fiduciary Duty Reform
27 Mar 2018, 3:34 pm
In doing so, the Fifth Circuit overturned the Fiduciary Rule in its entirety, including its new definition of fiduciary advice under the Employee Retirement Income Security Act of 1975 (ERISA) and the Internal Revenue Code (Code), as well as the various new exemptions and revisions to existing exemptions that it features. [read post]
27 Mar 2018, 8:47 am
Nearly one-third of respondents claimed to have received an email, text or phone call from someone impersonating the Internal Revenue Service (IRS). [read post]
27 Mar 2018, 5:28 am
” “Mail them to the Internal Revenue Service. [read post]
27 Mar 2018, 3:40 am
The family contribution limit for a health savings account (HSA) for 2018 was reduced from $6,900 to $6,850 by the Internal Revenue Service (IRS), along with adjustments made to other IRS thresholds to reflect the recent tax legislation. [read post]
27 Mar 2018, 3:40 am
The family contribution limit for a health savings account (HSA) for 2018 was reduced from $6,900 to $6,850 by the Internal Revenue Service (IRS), along with adjustments made to other IRS thresholds to reflect the recent tax legislation. [read post]
26 Mar 2018, 3:56 pm
“The latest available data from the Justice Department show that during January 2018 the government reported receiving 135 new referrals for prosecution from the Internal Revenue Service. [read post]
26 Mar 2018, 2:53 pm
For 2017 (the tax year for which you’re currently filing your return), the optional standard mileage rates as reported by the Internal Revenue Service (IRS) for the use of a car, van, pickup or panel truck are: 53.5 cents per mile for business miles driven (down from 54 cents in 2016) 17 cents per mile driven for medical or moving purposes (down from 19 cents in 2016) 14 cents per mile driven in service of charitable organizations (fixed by Congress, never… [read post]
IRS Warns of Falsified Income and Fake Form 1099 Scams, Ranking Them Ninth on “Dirty Dozen” for 2018
26 Mar 2018, 10:00 am
As part of its annual “Dirty Dozen” list of tax scams, the Internal Revenue Service warned taxpayers of schemes that falsify income or involve phony Forms 1099. [read post]
26 Mar 2018, 7:25 am
They can also be expected to pay for legal services rendered for the preparing of the release; and Employee’s Attorney: Monies paid under an employment release is taxable income under the Internal Revenue Code. [read post]
25 Mar 2018, 9:30 pm
Chamber of Commerce’s letter to the Internal Revenue Service (IRS) pleading for various interpretations of the new tax law. [read post]
25 Mar 2018, 8:52 pm
Currently, the Internal Revenue Service or IRS allows the spouse paying this type of support to treat the entire amount as spousal support. [read post]
25 Mar 2018, 12:39 pm
With “tax day” fast approaching, the Internal Revenue Service on Friday reminded taxpayers that income from virtual currency transactions is reportable on their income tax returns. [read post]
24 Mar 2018, 5:47 am
The Internal Revenue Service (IRS) finally gets funding. [read post]
23 Mar 2018, 6:08 pm
Reporting Virtual Currency Transactions Tax professionals should be aware that income from virtual currency transactions is reportable on income tax returns. [read post]
23 Mar 2018, 8:04 am
Among other things, example, the Internal Revenue Service continues to enforce Internal Revenue Code rules that require employers to self-identify and report any violations of the 40 listed federal health plan mandates on Form 8928 and pay resulting excise taxes unless and until reform passes. [read post]
23 Mar 2018, 8:00 am
“For the artist and company there’s still a lot of revenue in physical out there,” Leak said. [read post]
