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12 Nov 2023, 10:00 pm
The US Internal Revenue Service has announced that the annual gift tax exclusion is increasing in 2024 due to inflation. [read post]
21 Jul 2012, 5:32 pm
$4,200 millions of Your tax payment.linkThe Internal Revenue Service allowed undocumented workers to collect $4.2 billion in refundable tax credits last year, a new audit says, almost quadruple the sum five years ago. [read post]
17 Dec 2023, 10:00 pm
The Internal Revenue Service’s proposed Section 45X regulations, released on December 15, provide US-based manufacturers with much-anticipated guidance for a credit that has been available since the beginning of 2023. [read post]
27 Feb 2020, 8:50 am
On February 19, 2020, the Internal Revenue Service (IRS) announced that it will be stepping up its efforts to target high-income taxpayers who have failed to file all necessary return forms in prior years. [read post]
12 Nov 2023, 10:00 pm
The US Internal Revenue Service has announced that the annual gift tax exclusion is increasing in 2024 due to inflation. [read post]
12 Nov 2023, 10:00 pm
The US Internal Revenue Service has announced that the annual gift tax exclusion is increasing in 2024 due to inflation. [read post]
9 Mar 2023, 11:32 am
Senate confirmed Daniel Werfel to serve as commissioner of the Internal Revenue Service by a vote of 54-42. [read post]
11 Feb 2009, 5:38 pm
This letter comes in an email from the Internal Revenue Service. [read post]
13 Nov 2015, 2:00 pm
This new statute will dramatically change the way partnerships and LLCs taxed as partnerships are audited and taxed by the Internal Revenue Service (IRS). [read post]
7 Jan 2016, 4:00 pm
Internal Revenue Service (IRS) regulations currently permits the inclusion of life insurance policies in some profit sharing and defined benefits plan if the insurance cannot be owned in a SEP or IRA. [read post]
30 Aug 2013, 2:28 pm
Department of the Treasury and the Internal Revenue Service (IRS) today ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.... [read post]
24 Jan 2021, 10:00 pm
The Internal Revenue Service (IRS) issued Notice 2021-10 on January 19, which extends relief to Qualified Opportunity Funds (QOFs) and their investors as a response to continued challenges brought on by the COVID-19 pandemic. [read post]
27 Dec 2019, 8:34 am
As 2019 comes to a close, tax season will soon be upon us, and many people will inevitably wait until the last minute to submit their federal returns to the Internal Revenue Service (IRS). [read post]
7 Apr 2011, 7:15 pm
It's Spring, but the Internal Revenue Service just released the Winter 2011 Statistics of Income Bulletin. [read post]
27 Aug 2020, 3:32 pm
In a tumultuous summer that saw the temporary closing down of the Internal Revenue Service, it is worthwhile to revisit important tax legislation from the prior summer in a time before the COVID epidemic turned the world upside down: namely... [read post]
5 Dec 2023, 5:33 pm
The Internal Revenue Service (IRS) has increased the limits for gift and estate tax exemption amounts to their highest exclusion amounts ever for 2024. [read post]
1 Jun 2020, 10:00 pm
New formal guidance from the Internal Revenue Service (IRS) extends the deadline for providers of individual retirement accounts and individual retirement annuities (IRAs) to file Form 5498 in response to the coronavirus (COVID-19) pandemic. [read post]
24 Jun 2009, 5:08 am
“Kuchera, a Windber defense contractor, was raided by the Federal Bureau of Investigation and the Internal Revenue Service in January. [read post]
1 Jun 2020, 10:00 pm
New formal guidance from the Internal Revenue Service (IRS) extends the deadline for providers of individual retirement accounts and individual retirement annuities (IRAs) to file Form 5498 in response to the coronavirus (COVID-19) pandemic. [read post]
7 Feb 2019, 9:00 pm
Internal Revenue Service Notice 2019-09 gives tax-exempt organizations interim guidance on how to identify covered employees, calculate remuneration, and allocate excise tax under Section 4960. [read post]
