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6 Apr 2017, 10:07 am
Huynh to pay just over $1.9 million in restitution to the victim insurance companies and back taxes – estimated to be nearly $950,000 – to the Internal Revenue Service. [read post]
6 Apr 2017, 10:07 am
Huynh to pay just over $1.9 million in restitution to the victim insurance companies and back taxes – estimated to be nearly $950,000 – to the Internal Revenue Service. [read post]
6 Apr 2017, 8:42 am
” After a controversy involving an Internal Revenue Service determination that the church plan exemption did not encompass pension plans established and maintained by two orders of Catholic sisters for the employees of their hospitals, Congress amended the statute to add subsection (C), which provides: “A plan established and maintained for its employees (or their beneficiaries) by a church or by a convention or association of churches includes a plan… [read post]
6 Apr 2017, 12:04 am
Letter From 15 House Ways & Means Committee Republicans to President Trump (Apr. 5, 2017) (press release): As members of the House Ways and Means Committee, we believe it is imperative that the Internal Revenue Service (IRS) work for the best interest of all taxpayers, and that the taxpayers in... [read post]
5 Apr 2017, 1:43 pm
Beyond the requirement to itemize, the Internal Revenue Code also imposes a second hurdle that further restricts the deductibility of business expenses when claimed by an employee versus a business. [read post]
5 Apr 2017, 1:21 am
FAIR Act Protects Against Structuring (IRS Seizures) Right now, the Internal Revenue Service is allowed to seize money out of bank accounts using the claim of “structuring law violations. [read post]
5 Apr 2017, 12:15 am
Washington Free Beacon, IRS Denied Tax-Exempt Status to 37 Religious, Charitable Groups in 2016: One Group Has Been Waiting For Tax-Exempt Status For More Than Seven Years: The Internal Revenue Service denied tax-exempt status to 37 religious, charitable, and educational organizations in 2016, according to recent data from the agency.... [read post]
4 Apr 2017, 7:04 pm
The initiative is part of a new law passed by Congress in 2015 which directs the Internal Revenue Service (IRS) to hand over certain unpaid tax bills to private agencies for collections. [read post]
4 Apr 2017, 12:02 am
Daily Signal, Obama’s IRS Chief Who Dodged Impeachment Continues Under Trump: In the heart of tax season, Internal Revenue Service Commissioner John Koskinen will address the National Press Club next Wednesday even as many members of Congress question why someone who dodged impeachment during the Obama administration continues to be... [read post]
3 Apr 2017, 2:46 pm
We traveled to Viñales—one of the several points of eco-tourism being developed to draw tourism (and its revenue potential) from Havana to outlying regions. [read post]
3 Apr 2017, 2:14 pm
It just takes a few minutes, there are no special hoops to jump through, and there’s no fee payable to the Internal Revenue Service (IRS). [read post]
2 Apr 2017, 8:49 pm
Yet little in the way of services is offered. [read post]
31 Mar 2017, 8:32 pm
Separately, the Internal Revenue Service, state tax agencies and the tax industry warned tax professionals to beware of a phishing email scaminvolving IRS e-Services. [read post]
31 Mar 2017, 3:48 pm
If you submit a check to the Internal Revenue Service (IRS) and it’s returned as NSF, not only are you still responsible for the amount of the taxes (and any penalty or interest that accrues for failing to satisfy your tax obligation in a timely manner), you may be subject to an additional penalty: a “dishonored check penalty. [read post]
31 Mar 2017, 1:35 pm
That’s because while spending cuts have been proposed in some areas (like the Internal Revenue Service), spending has been increased in others (like the Department of Defense), leaving fiscal conservatives, who normally champion less government spending, with little to cheer. [read post]
31 Mar 2017, 1:00 am
IR-2017-69 (Mar. 30, 2017), IRS Releases FY 2016 Data Book: The Internal Revenue Service today released the 2016 IRS Data Book, a snapshot of agency activities for the fiscal year. [read post]
30 Mar 2017, 4:47 pm
You might look at the Internal Revenue Service (IRS) tax tables (below) and assume your tax rate is 28%. [read post]
30 Mar 2017, 2:40 pm
The Internal Revenue Service (“IRS”) recently warned taxpayers that an aggressive phone scam that targets taxpayers, often senior citizens, is making rounds throughout the country and costing taxpayers millions of dollars and their personal information. [read post]
30 Mar 2017, 1:00 pm
Shutterstock The Internal Revenue Service (IRS) and Federal Student Aid (FSA) have announced that the Data Retrieval Tool (DRT) on fafsa.gov and StudentLoans.gov will remain unavailable until extra security protections can be added. [read post]
30 Mar 2017, 10:00 am
International Association of IT Asset Managers, IT Waste at the Internal Revenue Service: IRS IT Spending/Waste By The Numbers: $11.2 billion - Total IRS budget in 2016. 79,890 - Total IRS employees as of FY2015. $4,600-$4,900 - Average amount spent per employee on IT in the private sector. $37,051 -... [read post]
