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18 Aug 2019, 9:05 pm
When the Internal Revenue Service (IRS) proposed regulations in 2011 that would make affordability based only on the cost of the employee’s individual health plan, many commenters, including the AFL-CIO, identified the family glitch as a threat to affordable coverage. [read post]
14 Aug 2019, 2:00 pm
Just days after the Treasury Department’s announcement, the International Monetary Fund (IMF) made public a report that described the renminbi as “broadly stable. [read post]
12 Aug 2019, 2:15 pm
Takeaway Message On July 17, 2019, the Internal Revenue Service (IRS) issued new guidance that expands the preventive care benefits a high deductible health plan (“HDHP”) can provide before the required minimum deductible is met to include certain medical care services and items used to treat certain chronic conditions. [read post]
8 Aug 2019, 9:05 pm
Treasury Department Secretary Steven Mnuchin will now work with the International Monetary Fund to correct any trade advantage gained through currency manipulation. [read post]
31 Jul 2019, 10:30 am
” The XuanTie 910’s success could introduce a “new revenue stream” for Alibaba and drive the company’s burgeoning “cloud services division. [read post]
23 Jul 2019, 4:30 pm
Congressman Sherman (who specifically introduced articles of impeachment against President Trump) recently stated: “An awful lot of our international power comes from the fact that the U.S. dollar is the standard unit of international finance and transactions,” Sherman said at a meeting of the House Financial Services Committee last week . . . [read post]
19 Jul 2019, 1:43 pm
Earlier this week, the Attorneys General of New Jersey, New York, and Connecticut sued the Treasury Department and the Internal Revenue Service challenging a new IRS rule that would preclude individuals in those states from claiming deductions for charitable contributions to local governments. [read post]
10 Jul 2019, 3:20 pm
On April 17, the Treasury Department released its second round of guidance on Opportunity Zone investments in the form of proposed regulations (the “New Proposed Regulations”). [read post]
6 Jul 2019, 6:11 am
District Court for the District of Columbia against the Treasury Department and the Internal Revenue Service in order to obtain President Trump's tax returns. [read post]
4 Jul 2019, 1:28 am
“The Treasury Department and the Internal Revenue Service issued final and proposed regulations today concerning global intangible low-taxed income, the The post New Proposed GILTI Guidance Benefits Many US Expat Business Owners appeared first on Bright! [read post]
3 Jul 2019, 9:02 am
District Court for the District of Columbia against the Treasury Department and the Internal Revenue Service in order to obtain President Trump's tax returns. [read post]
3 Jul 2019, 3:00 am
New York Times, House Files Lawsuit Seeking Disclosure of Trump Tax Returns: The House sued the Treasury Department and the Internal Revenue Service on Tuesday, demanding access to President Trump’s tax returns and escalating a fight with an administration that has repeatedly dismissed as illegitimate its attempt to obtain the... [read post]
2 Jul 2019, 10:11 am
District Court for the District of Columbia against the Treasury Department and the Internal Revenue Service in order to obtain President Trump's tax returns. [read post]
2 Jul 2019, 6:00 am
Throwback rules can yield exceedingly high and often uncompetitive levels of taxation for some businesses, to the point that the outmigration they generate can more than offset any revenue gains from taxing “nowhere income. [read post]
19 Jun 2019, 4:50 am
By placing a functional cap on the income tax’s exclusion for employer-sponsored insurance, the Cadillac tax would reduce demand for high-cost health insurance plans, reduce the quantity and price of health-care services, and generate revenue from mostly higher-income taxpayers. [read post]
13 Jun 2019, 3:53 pm
Some of the problems posed for real estate developers and others under the new Opportunity Zone (“OZ”) tax incentive program, codified as Sections 1400Z-1, and 1400Z-2 of the Internal Revenue Code, have been potentially solved by the latest round of IRS proposed regulations. [read post]
11 Jun 2019, 2:37 pm
This afternoon, the Department of the Treasury and the Internal Revenue Service issued long-anticipated new rules and guidance on the charitable contribution SALT deduction workaround. [read post]
11 Jun 2019, 2:37 pm
This afternoon, the Department of the Treasury and the Internal Revenue Service issued long-anticipated new rules and guidance on the charitable contribution SALT deduction workaround. [read post]
5 Jun 2019, 11:41 am
” In response, the U.S. trade representative and the Treasury Department issued a joint statement on June 3 accusing China of “misrepresenting the nature and history of trade negotiations” in the document and insisting that Chinese negotiators had backtracked on “previously agreed-upon provisions” of the trade deal. [read post]
5 Jun 2019, 6:00 am
In late March, the Treasury Department imposed sanctions on 25 individuals and entities, including a network of front companies from Iran, the United Arab Emirates (UAE), and Turkey; Iran’s Ministry of Defense and Armed Forces Logistics (MODAF); and the Iran-based Ansar Bank. [read post]
