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12 Apr 2019, 2:00 pm
While only of direct interest to a few taxpayers, a Revenue Procedure addressing draft picks and player contracts issued this week does make for interesting reading.Tax professionals know that the sale or exchange of property gives rise to taxable gain or loss if the amount received is more or less than the taxpayer’s basis in the property, absent the application of a nonrecognition provision of the Internal Revenue Code. [read post]
12 Apr 2019, 1:33 pm
The Internal Revenue Service (IRS) often imposes stiff penalties for unfiled returns. [read post]
12 Apr 2019, 8:15 am
Michelle Lujan Grisham (Gaming – Revenue Sharing)Brisbois v. [read post]
12 Apr 2019, 6:20 am
On Aug. 21, 2018, the IRS issued Notice 2018-68 providing initial guidance on amendments to Internal Revenue Code §162(m) by §13601 of the 2017 Tax Act (the IRS Guidance). [read post]
12 Apr 2019, 5:14 am
Avenatti is also accused of knowingly failing to pay payroll taxes to the Internal Revenue Service (IRS). [read post]
12 Apr 2019, 4:00 am
Bloomberg, IRS Head Says College Admission Scandal Parents May Face Hefty Tax Bills: Some of the parents charged with paying bribes to get their offspring into college could end up owing a lot more to the Internal Revenue Service. [read post]
11 Apr 2019, 9:05 pm
House of Representatives passed a bill by voice vote to modernize and reform the Internal Revenue Service (IRS). [read post]
11 Apr 2019, 7:24 pm
Attorney’s Office for the Southern District of Florida, the Miami field office of the Federal Bureau of Investigation, and the Internal Revenue Service, Criminal Investigations.The SEC’s Office of Investor Education and Advocacy has issued an Investor Alert to help seniors identify signs of investment fraud and, in conjunction with the Division of Enforcement’s Retail Strategy Task Force, another Investor Alert about Ponzi schemes targeting… [read post]
11 Apr 2019, 3:20 pm
Michelle Lujan Grisham (Gaming - Revenue Sharing)Brisbois v. [read post]
11 Apr 2019, 3:20 pm
Michelle Lujan Grisham (Gaming - Revenue Sharing)Brisbois v. [read post]
11 Apr 2019, 4:45 am
A tax code that is competitive and neutral promotes sustainable economic growth and investment while raising sufficient revenue for government priorities. [read post]
10 Apr 2019, 2:30 pm
It is no secret that the Justice Department and Internal Revenue Service significantly ramp up their publicity campaigns regarding tax prosecutions in the weeks leading up to April 15, in an attempt to deter any taxpayer thinking about filing a false tax return or otherwise cheating on their taxes. [read post]
10 Apr 2019, 1:48 pm
Thomson Reuters is quietly moving out of smaller businesses that do not have opportunities for significant revenue growth. [read post]
10 Apr 2019, 12:58 pm
The bill includes provisions changing the management of the Internal Revenue Service (IRS) to enhance customer service and improve the appeals process for taxpayers. [read post]
IRS described itself as Qualcomm's 'silent partner' in imposing patent tax on mobile device industry
10 Apr 2019, 12:50 pm
Qualcomm antitrust trial in January, a transcript of a 2012 interview conducted by the Internal Revenue Service (IRS) with some Qualcomm employees made it into the record over Qualcomm's lawyer's objections. [read post]
10 Apr 2019, 9:11 am
[spoiler: it didn’t] Copyright office representatives for the first three panels: Regan Smith, General Counsel Brad Greenberg, Counsel for Policy & International Affairs Kevin Amer, Deputy GC Kimberley Isbell, Senior Counsel for Policy and International Affairs Maria Strong, Deputy Director of Policy and International Affairs PANEL 1 Eric Carey, NMPA. [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]
10 Apr 2019, 7:40 am
Section 280(A) of the Internal Revenue Code outlines the tax treatment of residential property. [read post]
10 Apr 2019, 5:28 am
A corporation can be fined up to AU$10.5 million or 10 percent of its annual revenue for each offense. [read post]
10 Apr 2019, 5:00 am
Tax authorities are collectors of revenue, not of data points. [read post]
