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14 Jun 2016, 12:05 am
The Hill, Oversight Panel to Vote on Resolution to Censure IRS Chief: The House Oversight and Government Reform Committee is set to vote Wednesday on a resolution to censure Internal Revenue Service Commissioner John Koskinen. [read post]
13 Jun 2016, 12:22 pm
H.R.5452: To amend the Internal Revenue Code of 1986 to permit individuals eligible for Indian Health Service assistance to qualify for health savings accounts.Law Review & Bar Journal Bulletinhttp://www.narf.org/nill/bulletins/lawreviews/2016lr.htmlThese articles were added:Proposals for resolving reservation residents' bail catch-22: A case study of the St. [read post]
13 Jun 2016, 10:15 am
It Could Be Hundreds of Millions According to the IRS There has been an ongoing battle in recent years between decedents’ estates and the Internal Revenue Service (IRS). [read post]
13 Jun 2016, 2:47 am
Adding to an unseemly yet unending stream of contradictory rulings going back over the years, the Internal Revenue Service now weighs in with its opinion as to whether the Financial Industry Regulatory Authority is a governmental actor, which would render the self-regulatory organization's fines as not tax deductible. [read post]
13 Jun 2016, 2:47 am
The plaintiff was a founding partner of an Albany-based rheumatology practice founded in the mid-1980s where he worked until his retirement in 2013 by which time the practice had expanded to two locations, enjoyed annual revenues over $18 million, and had about 70 professional and non-professional employees providing medical and non-medical services such as laboratory testing. [read post]
13 Jun 2016, 1:48 am
Media Law in Other Jurisdictions Australia Monaco-based oil services company Unaoil is preparing to sue Fairfax Media for injurious falsehood and damages that could reach “many millions of dollars” to compensate the company in lost revenue. [read post]
13 Jun 2016, 12:41 am
PURPOSE AND SUMMARY H.R. 5053, as reported by the Committee on Ways and Means, would prohibit the Internal Revenue Service (IRS) from collecting the identity of donors who contribute to tax-exempt organizations. [read post]
12 Jun 2016, 5:32 pm
Brazil’s Internal Revenue Service (RFB). [read post]
11 Jun 2016, 12:15 am
Omaha World-Herald editorial, IRS Stonewalling: The Internal Revenue Service has, at long last, made public a list of 426 politically conservative organizations targeted by its tax-exempt division. [read post]
10 Jun 2016, 12:45 pm
The IRS today announced (IR-2016-86) announced the winners of its first Tax Design Crowdsourcing Challenge: The Internal Revenue Service today announced the winners of its first crowdsourcing competition, called the Tax Design Challenge, that encouraged innovative ideas for the taxpayer experience of the future. [read post]
10 Jun 2016, 11:25 am
Upon retirement, they wanted to segregate the after-tax portion of their benefits from the pre-tax portion, so they could roll the pre-tax portion into a traditional individual retirement account and the after-tax portion into a Roth IRA.In Notice 2009-68, the Internal Revenue Service said that if all of the funds are rolled over, the basis would be allocated pro rata, so that a portion of the amount rolled into the Roth IRA would be a taxable conversion.Taxpayers … [read post]
10 Jun 2016, 11:19 am
WASHINGTON — The Internal Revenue Service has announced that the spring 2016 issue of the Statistics of Income Bulletin is available on IRS.gov featuring preliminary data about individual income tax returns filed for Tax Year 2014.The Statistics of Income (SOI) Division produces the online Bulletin quarterly, providing the most recent data available from various tax and information returns filed by U.S. [read post]
10 Jun 2016, 11:16 am
WASHINGTON — The Internal Revenue Service has issued a warning to taxpayers about bogus phone calls from IRS impersonators demanding payment for a non-existent tax, the “Federal Student Tax. [read post]
10 Jun 2016, 4:05 am
The Advisory Committee on Tax Exempt and Government Entities this week presented its 2016 report (full text) providing recommendations to the Internal Revenue Service. [read post]
10 Jun 2016, 12:27 am
The Hill, House Panel Votes to Cut IRS Funding: The House Appropriations Committee on Thursday approved a spending bill that would reduce funding for the Internal Revenue Service (IRS). [read post]
9 Jun 2016, 2:00 pm
Shutterstock In May 2015, the Internal Revenue Service (IRS) announced that identity thieves had illegally accessed tax information tied to taxpayer accounts. [read post]
8 Jun 2016, 3:55 pm
Digital Service and other security authorities, the Internal Revenue Service today launched... [read post]
8 Jun 2016, 7:09 am
And The Desa Group is also a good reminder that an 8(a) Program participant need not simply accept an SBA final termination decision–instead, like TDG, a terminated 8(a) program participant may fight SBA in federal court after exhausting its internal SBA remedies. [read post]
8 Jun 2016, 2:00 am
Wall Street Journal, IRS Shuts Down Remaining Channels for REIT Spinoffs: The Internal Revenue Service shut down an apparent gap in a tax law that otherwise could have allowed companies across industries to continue spinning off their property holdings into tax-advantaged real-estate investment trusts. [read post]
8 Jun 2016, 1:30 am
One on which the Internal Revenue Service (IRS) and the courts profoundly disagree. [read post]
