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14 Nov 2019, 2:00 am by Paul Caron
Following up on my previous post, $6.8 Billion Hedge Fund Tax Dispute Moves to IRS Appeals Office: Bloomberg, RenTech’s Billion-Dollar Tax Cloud Darkens After IRS Ruling: A little-noticed decision by the Internal Revenue Service’s appeals unit may spell trouble for legendary investor Jim Simons, who’s embroiled in a multibillion-dollar tax... [read post]
14 Jun 2013, 10:52 am by IRS2_admin
The sequestration budget cuts are impacting the operations of the Internal Revenue Service (“IRS”). [read post]
23 Feb 2021, 12:05 am by Paul Caron
IR-2021-41 (Feb. 19, 2021), Low Income Taxpayer Clinics Represented Over 20,000 Taxpayers Dealing With an IRS Tax Controversy; See the Latest Program Report and the 2021 LITC Grant Recipient List: The Internal Revenue Service's Low Income Taxpayer Clinic (LITC) Program office today announced highlights from its 2020 annual report, featuring... [read post]
22 Jun 2010, 8:04 am by Editor
Daniel Crowley, a Republican and former general counsel to the House Speaker’s office, and Patrick Heck, a former aide to Sen. [read post]
12 Feb 2008, 6:18 am
A joint federal-state investigation, spearheaded by the Internal Revenue Service and the Broward County Sheriff's Office, culminated in a 70-count Indictment, charging 15 defendants in a wide-ranging mortgage fraud scheme. [read post]
15 Oct 2010, 10:31 am by Paul Caron
The Treasury Inspector General for Tax Administration yesterday released two reports finding recurring problems in the IRS's oversight of billions in spending: Procurement Audit Results Indicate Problems Continue to Exist After Corrective Actions Were Implemented (2010-10-088): "As of March 15, 2010, the Internal Revenue Service’s (IRS) Office of Procurement was... [read post]
12 Apr 2010, 6:03 pm by Doug
In a 32-page report, the Government Accountability Office said that most of the published information, anecdotal evidence and records show that piracy is a drag on the U.S. economy, tax revenue and in some cases potentially threatens national security and public health. [read post]
20 Feb 2023, 3:00 am by Paul Caron
IR-2023-21, IRS Chief Counsel Is Hiring Attorneys; Multiple Job Openings Posted to Help Enhance the Taxpayer Experience and Address High-End Noncompliance: The Internal Revenue Service's Office of Chief Counsel today announced plans to hire additional attorneys to assist the agency in enhancing the taxpayer experience and addressing high-end, complex noncompliance.... [read post]
19 Apr 2005, 9:46 am
[JURIST] Flaws and inadequate computer security at the Internal Revenue Service [official website] has left the personal information of millions of taxpayers open to potential theft and illegal access, according to a Government Accountability Office [official website] report issued Monday. [read post]
4 Feb 2009, 6:58 am
A trial is under way for two women accused of inflating company revenue at Salt Lake City-based ClearOne Communications Inc.Federal prosecutors say Frances Flood, who was chief executive, and Susie Strohm, who was chief financial officer, shipped millions of dollars of audio and video conferencing equipment to distributors without receiving payment.Prosecutor Stewart Walz says distributors were told they could return the equipment if it wasn't sold, yet it was still booked as… [read post]
26 Jun 2018, 1:22 pm by Daily Record Staff
Yvonne Mrha has been named senior vice president and chief financial officer with Live Casino & Hotel. [read post]
9 Feb 2008, 4:05 am
Soon, PCs in more than a dozen countries were running illegal copies of Windows and Office, turning unwitting consumers into criminals.Read the article: law.com [read post]
10 Mar 2017, 1:00 am by Paul Caron
The IRS yesterday released (IR-2017-56) Program Report and 2017 Publication 4134, Low Income Taxpayer Clinic List: LITC Program Report The Internal Revenue Service’s Low Income Taxpayer Clinic (LITC) Program Office has issued its annual program report, which details how LITCs have provided representation, education, and advocacy for taxpayers who are... [read post]
31 Jan 2016, 12:30 am by Paul Caron
The Daily Caller News Foundation, IRS’s New Ethics Chief Once Ordered Records Be Illegally Destroyed: The new head of the Internal Revenue Service’s (IRS) ethics office once oversaw the illegal shredding of documents sought by the federal tax agency’s inspector general (IG), and allegedly retaliated on the colleague he believed... [read post]
11 Sep 2013, 10:51 am by Mark Astarita
Morgan Stanley targets a loan-to-deposit ratio of about 70% in 2015, compared with about 55% last year, Chief Financial Officer Ruth Porat said that interest income has the highest incremental profit margin of any revenue in wealth management.Morgan Stanley Seeks to Increase Loans to 70% of Deposits | Financial Planning [read post]
15 Jan 2016, 12:23 am by Paul Caron
House Ways & Means Committee press release, Ways and Means Chairmen Call On IRS to Quickly Implement GAO Recommendations to Protect Taxpayers: Today, the Government Accountability Office (GAO) released two new reports regarding serious flaws in the Internal Revenue Service’s (IRS) audit selection processes. [read post]
1 Oct 2007, 6:51 am
  A joint federal-state investigation, spearheaded by the Internal Revenue Service and the Broward County Sheriff's Office, culminated in a 70-count Indictment, recently unsealed, charging 15 defendants in a wide-ranging mortgage fraud scheme. [read post]