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25 Jul 2013, 10:45 am
The Washington Times reports that House Republicans are considering “a major expansion of their investigation into the Internal Revenue Service’s targeting of conservatives” by looking into the government’s audits of nonprofits. [read post]
10 Apr 2016, 10:00 am
The Internal Revenue Service (IRS) is providing a new opportunity that will let people continue to grow a significant portion of their IRA. [read post]
2 Jun 2020, 10:00 pm
In response to the coronavirus (COVID-19) pandemic, the Internal Revenue Service (IRS) has issued new formal guidance that extends the deadline for providers of individual retirement accounts and individual retirement annuities (IRAs) to file Form 5498. [read post]
18 Jun 2010, 12:31 am
U.S. citizens and residents with UBS accounts are racing the clock to disclose their secret holdings to the Internal Revenue Service after the Swiss Parliament ratified an agreement to surrender the names of 4,450 bank clients, tax lawyers told Bloomberg News. [read post]
21 Aug 2018, 4:00 pm
The Ninth Court of Appeals published a decision on July 24, 2018, that reversed the judgement of the Tax Court by 2-1, ultimately creating a win for Internal Revenue Service involving allocation of expenses between domestic and overseas operations of... [read post]
14 Sep 2023, 10:00 pm
The Internal Revenue Service (IRS) recently released proposed regulations regarding broker reporting for digital assets, including expansions of and additions to certain definitions, rules, and requirements. [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]
4 Aug 2007, 4:02 am
The following is from IR-2007-127, July 9, 2007:The Internal Revenue Service * * * is reconsidering a series of private letter rulings (PLRs) * * *. [read post]
15 Apr 2008, 4:25 am
The Internal Revenue Service is seeking public comments on the draft instructions to the 2008 Form 990, the annual return most tax-exempt organizations must use to report information about their operations. [read post]
8 Aug 2013, 2:00 pm
The Internal Revenue Service has developed a new feature on their website, www.irs.gov. [read post]
8 Apr 2023, 2:25 pm
The Internal Revenue Service is asking the public to weigh in on a plan to tax some non-fungible tokens like it taxes tangible collectibles, such as art or precious metals. [read post]
8 Sep 2011, 3:45 am
The Internal Revenue Service, IRS Chief Counsel, and Department of the Treasury have jointly issued the 2011-2012 Priority Guidance Plan. [read post]
19 Apr 2012, 9:00 am
So many taxpayers are trying to make deals with the Internal Revenue Service to settle tax bills that the IRS is facing inventory backlogs and processing delays, leaving taxpayers unsure if or when their tax liabilities will be resolved. [read post]
19 Nov 2015, 4:00 pm
At the end of this year the Internal Revenue Service is expected to issue revised Section 2704 regulations that deal with family limited partnerships. [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]
26 Feb 2007, 11:34 am
American University announced on Friday that the IRS is investigating the pay and perks controversy surrounding its ousted former President Benjamin Ladner:On behalf of the Board of Trustees, I want to inform the AU community that the Internal Revenue Service... [read post]
6 Jul 2018, 10:38 am
At least 362,000 Americans with overdue tax debts will be denied new or renewed passports if they don’t settle these debts, the Internal Revenue Service says. [read post]
9 Sep 2020, 10:00 pm
The US Internal Revenue Service (IRS) issued news release IR-2020-194 on August 28, approving the temporary use of digital signatures for certain IRS forms that must be filed with the IRS manually. [read post]
18 Dec 2018, 5:14 pm
The United States Court of Appeals for the District of Columbia Circuit affirmed a decision to deny access to the tax records of a person in the news The Internal Revenue Service (IRS) collects more than money. [read post]
18 Aug 2015, 2:00 pm
The Internal Revenue Service (IRS) has issued new regulations that went into effect on August 12 that deal with determining the basis interest in Charitable Remainder Trusts (CRTs). [read post]
