Search for: "INTERNAL REVENUE"
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8 Jul 2010, 6:34 am
An Internal Revenue Service watchdog warned recently that the paperwork burdens on small businesses may outweigh the benefit of tax collections generated as part of the new health-care law. [read post]
19 Oct 2020, 7:00 am
The Internal Revenue Service has extended the deadline for individuals to claim an Economic Impact Payment by five weeks to help individuals who have not received a stimulus payment. [read post]
4 Apr 2020, 3:00 pm
De Palma of the Internal Revenue Service – Criminal Investigation (IRS-CI) today warned taxpayers to be alert about possible scams relating to COVID-19, especially in connection with economic impact payments. [read post]
6 Apr 2020, 9:59 am
The Internal Revenue Service has provided relief for some of them by granting extensions. [read post]
29 Mar 2018, 10:20 am
Following major tax reform in December 2017, the Internal Revenue Service (IRS) is asking employers to remind workers that a “paycheck checkup” might be necessary to make sure they have the right amount of tax taken out of their paychecks. [read post]
14 Jun 2023, 4:32 pm
According to a report by the Treasury Inspector General for Tax Administration (TIGTA) the Internal Revenue Service (IRS) is falling short in its handling of its whistleblower program. [read post]
5 Aug 2021, 1:16 pm
Unfortunately, investors may face lawsuits from the Internal Revenue Service (IRS) and a massive tax penalty. [read post]
12 Feb 2016, 1:58 pm
This was a banner year for the Internal Revenue Services’ Whistleblower Program. [read post]
30 Jul 2021, 8:29 am
A judge for the US District Court for the Southern District of New York on Thursday granted an order authorizing the Internal Revenue Service (IRS) to issue summonses demanding couriers and financial institutions produce information about US taxpayers who may have used the services of Panama Offshore Legal Services (POLS) and its affiliates (POLS group) to evade federal income taxes. [read post]
23 Jun 2023, 10:02 am
A US congressional committee released testimony Thursday from whistleblowers within the Internal Revenue Service (IRS), suggesting that federal officials slow-walked an investigation into President Joe Biden’s son, Hunter. [read post]
6 Feb 2012, 1:17 pm
In January, the Internal Revenue Service reopened the offshore voluntary disclosure program to help people hiding offshore accounts get current with their taxes. [read post]
17 Sep 2020, 6:48 am
Court of Appeals for the Federal Circuit ruled that the Internal Revenue Service (IRS) did not retaliate against a former employee. [read post]
12 Jan 2021, 1:14 pm
Last month, the Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) released advance copies of the 2020 Form 5500 Series. [read post]
24 Oct 2012, 6:51 am
Commissioner of Internal Revenue, the Tax Court held that a masonry subcontractor incorrectly classified its workers as independent contractors. [read post]
13 Oct 2008, 2:17 pm
After much concern regarding the new Treasury Regulations promulgated by the Internal Revenue Service (“IRS”) and their potential impact on members of government pension plans, the IRS and the Treasury intend to extend the date by which a governmental plan must comply with final regulations on distributions from a pension plan upon attainment of normal retirement age. [read post]
10 Apr 2019, 7:40 am
Section 280(A) of the Internal Revenue Code outlines the tax treatment of residential property. [read post]
3 Mar 2020, 12:19 pm
The Internal Revenue Service is cracking down on bitcoin and other cryptocurrency owners who may have improperly reported or didn’t file the necessary taxes on their digital assets last year. [read post]
8 Feb 2009, 10:55 am
., that Sick Leave Injury payments are not subject to state and federal income tax in accordance with Internal Revenue Code 104(A)(1) and Dyer v. [read post]
30 Nov 2015, 12:41 pm
In 2014, the Internal Revenue Service (IRS) expanded the events that would allow employees to drop their health plan coverage under their employer’s cafeteria plan. [read post]
11 Apr 2024, 10:06 am
Each year the Internal Revenue Service (IRS) evaluates and often adjusts these exclusions and exemptions to account for inflation. [read post]