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4 Sep 2021, 5:00 am by Paul Caron
Following up on my previous posts (links below): New York Times, Hedge Fund’s Insiders Agree to Pay as Much as $7 Billion to I.R.S.: A yearslong dispute between a pioneering hedge fund and the Internal Revenue Service ended Thursday with an enormous bill for taxes and penalties: as much as... [read post]
7 Jul 2021, 5:01 am by Unknown
I.R.S., the Court of Appeals for the District of Columbia Circuit affirmed the decision of the United States District Court for the District of Columbia that the authority granted by 31 U.S.C. section 330 did not extend to regulation of tax return preparers. [read post]
20 Jun 2021, 8:58 am by Tom Smith
Institutions that had previously seemed impenetrable have been pried open: Amazon, the I.R.S., the U.S. [read post]
13 Jun 2021, 10:00 am by Gerry W. Beyer
President Biden has proposed "adding $80 billion to the Internal Revenue Service budget as well as giving the agency more authority to crack down on tax evasion by high-earners and large corporations. [read post]
12 Apr 2021, 9:16 am by Patrick Parsons
Most are available on Westlaw, Lexis, or the I.R.S. [read post]
3 Apr 2021, 5:00 am by Paul Caron
New York Times, An Accidental Disclosure Exposes a $1 Billion Tax Fight With Bristol Myers: The I.R.S. believes the American drugmaker used an abusive offshore scheme to avoid federal taxes. [read post]
21 Mar 2021, 3:43 pm
The reality of widespread cheating also undermines the legitimacy of a tax system that still relies to a considerable extent on Americans’ good-faith participation.... ...Charles Rossotti, who led the I.R.S. from 1997 to 2002... that Congress needs to... [read post]
11 Dec 2020, 1:11 pm by The Swartz Law Firm
Graham’s IRS problems started because he only paid a small portion of the money he made running bingo games from 2006 through 2009. [read post]
14 Oct 2020, 3:00 am by Paul Caron
Tax System: David Foster Wallace, The Pale King (2012), reviewed by Darien Shanske (UC-Davis) and Larry Zelenak (Duke): In this posthumous novel, set at an I.R.S. office in Illinois, the agency is a microcosm of human nature: “greed, politics, power, goodness,... [read post]
6 Oct 2020, 3:00 am by Paul Caron
We are outgunned Outmanned Outnumbered Outplanned Right Hand Man, in Hamilton New York Times op-ed: The I.R.S. [read post]
27 Sep 2020, 2:19 pm by Sabrina I. Pacifici
Trump’s finances are under stress, beset by hundreds of millions in debt coming due and an I.R.S. audit that could cost him over $100 million. [read post]
27 Sep 2020, 2:19 pm by Sabrina I. Pacifici
They are instead his own portrayal of his companies, compiled for the I.R.S. [read post]
27 Sep 2020, 2:19 pm by Sabrina I. Pacifici
Trump’s finances are under stress, beset by hundreds of millions in debt coming due and an I.R.S. audit that could cost him over $100 million. [read post]
5 May 2019, 9:30 am by Paul Caron
New York Times Sunday Review, You Can’t Tax the Rich Without the I.R.S.: If no one is around to root out offshore accounts, tax cheats won’t be punished. [read post]