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2 Mar 2018, 11:28 am
Remember that by law, the Internal Revenue Service (IRS) must wait until February 15 to begin issuing refunds to taxpayers who claimed the earned-income tax credit (EITC) or the additional child tax credit (ACTC). [read post]
2 Mar 2018, 8:11 am
The Treasury Department and the Internal Revenue Service issued a notice stating their intent to adopt a regulation that will close a loophole created by the Tax Cuts and Jobs Act (TCJA) (Pub. [read post]
1 Mar 2018, 9:30 pm
Court of Appeals for the Ninth Circuit ruled that the Federal Trade Commission (FTC) has the authority to regulate Internet Service Providers. [read post]
1 Mar 2018, 4:03 pm
News release: “The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December. [read post]
1 Mar 2018, 1:35 pm
Internal Revenue Service (IRS) (the tax collection agency) also rewards international whistleblowers who report on American tax avoidance. [read post]
1 Mar 2018, 6:00 am
” Webster’s Third New International Dictionary 1392 (2002). [read post]
28 Feb 2018, 6:08 pm
You can check it out yourself: The Internal Revenue Service (IRS) has finally released an updated Withholding Calculator which reflects changes under the new tax law. [read post]
28 Feb 2018, 6:00 pm
That’s why you’ll complete it and give it to your employer – not the Internal Revenue Service (IRS). [read post]
28 Feb 2018, 1:26 pm
Since 2009, the Justice Department and Internal Revenue Service have aggressively prosecuted individuals with secret offshore bank accounts, and the defendants in those cases are typically charged with one of two felonies (or both): (1) a tax offense (due to the unreported income generated in the foreign bank account); and/or (2) failure to file the FBAR form (a separate felony). [read post]
28 Feb 2018, 11:41 am
., many people do not know that the Internal Revenue Service (IRS) also plays a critical role in investigating illegal drug operations. [read post]
28 Feb 2018, 11:41 am
., many people do not know that the Internal Revenue Service (IRS) also plays a critical role in investigating illegal drug operations. [read post]
28 Feb 2018, 8:44 am
Photographer: Michael Short/Bloomberg It’s finally happening: The much-ballyhooed turnover of documents in the battle between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum, is moving ahead. [read post]
28 Feb 2018, 7:30 am
Net income for self-employed individuals follows the definition provided by Section 1402(a) of the Internal Revenue Code. [read post]
28 Feb 2018, 7:26 am
"But our friend Allison Bell reports from that industry's annual convention that they're facing an equally difficult challenge:"Life insurers and life settlement firms are struggling to comply with new tax reporting rules without an official tax form, a draft tax form, or a clear idea of what the Internal Revenue Service might like to see. [read post]
28 Feb 2018, 7:17 am
Before his appointment to the Tax Court, he was an attorney for the Legislation and Regulations Division of the Internal Revenue Service, Tax Counsel for the United States Senate Committee on Finance, and Deputy Tax Legislative Counsel in the United States Treasury’s Office of Tax Policy. [read post]
28 Feb 2018, 3:48 am
The measure—keeping alive several proposals debated during the finalization of new tax reform laws in late 2017—relaxed certain restrictions related to hardship withdrawals from qualified defined contribution (DC) plans, eased the return to participant accounts of wrongful levies assessed by the Internal Revenue Service (IRS), and set up a joint congressional committee to review the solvency problems faced by multiemployer pension plans. [read post]
28 Feb 2018, 3:48 am
The measure—keeping alive several proposals debated during the finalization of new tax reform laws in late 2017—relaxed certain restrictions related to hardship withdrawals from qualified defined contribution (DC) plans, eased the return to participant accounts of wrongful levies assessed by the Internal Revenue Service (IRS), and set up a joint congressional committee to review the solvency problems faced by multiemployer pension plans. [read post]
28 Feb 2018, 3:48 am
The measure—keeping alive several proposals debated during the finalization of new tax reform laws in late 2017—relaxed certain restrictions related to hardship withdrawals from qualified defined contribution (DC) plans, eased the return to participant accounts of wrongful levies assessed by the Internal Revenue Service (IRS), and set up a joint congressional committee to review the solvency problems faced by multiemployer pension plans. [read post]
28 Feb 2018, 3:48 am
The measure—keeping alive several proposals debated during the finalization of new tax reform laws in late 2017—relaxed certain restrictions related to hardship withdrawals from qualified defined contribution (DC) plans, eased the return to participant accounts of wrongful levies assessed by the Internal Revenue Service (IRS), and set up a joint congressional committee to review the solvency problems faced by multiemployer pension plans. [read post]
27 Feb 2018, 9:00 pm
If you discover a mistake in your tax return from this year, or from prior years, you may need to submit an amended return to correct the errors on the forms you submitted to the Internal Revenue Service. [read post]
