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22 Mar 2018, 9:01 pm
” It was obvious to everyone that the tax bill was regressive, and even though some businesses were showing their gratitude to Republicans by turning every positive announcement about worker bonuses into media events, it remains true that the new law’s benefits are tilted overwhelmingly toward the wealthy and businesses.Because they are true believers in the miracles of tax cuts, Republicans were also doing everything they could to get the Internal Revenue… [read post]
22 Mar 2018, 2:43 pm
Yesterday, the City of Chicago selected two finalists in its procurement process for the planned O’Hare Express, a mass transit system that will connect downtown Chicago to O’Hare International Airport within 20 minutes–substantially faster than either existing mass transit service on the Blue Line or vehicular alternatives. [read post]
22 Mar 2018, 2:43 pm
Yesterday, the City of Chicago selected two finalists in its procurement process for the planned O’Hare Express, a mass transit system that will connect downtown Chicago to O’Hare International Airport within 20 minutes–substantially faster than either existing mass transit service on the Blue Line or vehicular alternatives. [read post]
22 Mar 2018, 2:12 pm
One provision of the bill prohibits the Internal Revenue Service from issuing, revising, or finalizing any regulation, revenue ruling, or other guidance relating to the standard used to determine whether an organization is operated exclusively for the promotion of social welfare for purposes of section 501(c)(4) of the Internal Revenue Code of 1986. [read post]
22 Mar 2018, 1:31 pm
Shutterstock The Internal Revenue Service (IRS) is warning about new efforts to steal taxpayer data from tax professionals in the final weeks of the tax filing season. [read post]
22 Mar 2018, 12:34 pm
In 2014, the Internal Revenue Service (IRS) issued guidance to taxpayers (downloads as a pdf) making it clear that virtual currency is taxable and is treated as a capital asset, provided that it can be converted into cash. [read post]
22 Mar 2018, 10:00 am
The Internal Revenue Service has issued a warning to taxpayers about using frivolous tax arguments to avoid paying taxes. [read post]
22 Mar 2018, 9:38 am
Shutterstock With less than a month until Tax Day, the Internal Revenue Service (IRS) is reminding taxpayers to be on the lookout for tax scams. [read post]
22 Mar 2018, 3:55 am
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. [read post]
22 Mar 2018, 3:55 am
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. [read post]
22 Mar 2018, 3:55 am
Male sterilization and male contraceptives are not considered “preventive care” for health savings account (HSA) purposes, the Internal Revenue Service (IRS) confirmed in Notice 2018-12. [read post]
22 Mar 2018, 3:55 am
Male sterilization and male contraceptives are not considered “preventive care” for health savings account (HSA) purposes, the Internal Revenue Service (IRS) confirmed in Notice 2018-12. [read post]
21 Mar 2018, 1:39 pm
United States, which interprets a clause in the Internal Revenue Code and holds that to convict a defendant under the “Omnibus Clause,” the government must prove the defendant was aware of a pending tax-related proceeding, such as an investigation or audit, or could foresee such a proceeding. [read post]
21 Mar 2018, 12:17 pm
It turned out that the Internal Revenue Service (IRS) was keeping tabs on his finances (so much so that an indictment would follow). [read post]
21 Mar 2018, 10:30 am
The government also pledged to expand foreign investment access to sectors including financial services, telecommunications, and medical services. [read post]
21 Mar 2018, 4:00 am
That represents a lot of revenue and reputational damage on social media. [read post]
21 Mar 2018, 3:51 am
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. [read post]
21 Mar 2018, 3:51 am
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. [read post]
20 Mar 2018, 7:59 pm
As part of its annual “Dirty Dozen” list of tax scams, the Internal Revenue Service warned taxpayers to avoid falsely inflating deductions or expenses on tax returns. [read post]
20 Mar 2018, 10:01 am
If you can’t pay your tax bill to the Internal Revenue Service (IRS) in full, all is not lost: Options are available. [read post]
