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13 Feb 2018, 9:16 am
To send written comment, mail to: CC:PA:LPD:PR (REG-132197-17), Room 5203, Internal Revenue Service, P.O. [read post]
13 Feb 2018, 7:00 am
For large corporations with revenues over $1 billion, almost half (49%) predict pursuing more than 40% of their deals in foreign markets. [read post]
12 Feb 2018, 1:04 pm
In a recently released IRS revenue procedure, the IRS included a surprising and immediate change to the user fees for such a VCP correction filing. [read post]
12 Feb 2018, 1:02 pm
Internal combustion engines can be loud and dirty, and a gas tax would ideally offset their cost to society. [read post]
12 Feb 2018, 5:00 am
He argues that declining revenues in traditional television packages are not “lost revenues” due to illegal streaming but rather that “the money is actually going” to paid Internet streaming services such as Netflix. [read post]
12 Feb 2018, 4:00 am
The Internal Revenue Code is often a starting point for quantifying income in divorce cases. [read post]
12 Feb 2018, 1:00 am
Cartier International AG & Ors v British Telecommunications Plc & Anor, heard 30 Jan 2018. [read post]
11 Feb 2018, 2:35 pm
The Super Micro Complain complaint, a copy of which can be found here, alleges that the defendants failed to disclose that the company was “improperly and illicitly” recognizing revenue from certain sales transactions; that the company had failed to implement appropriate internal controls; that as result the company’s [read post]
11 Feb 2018, 1:42 pm
A recent case shows the perils of not following the Internal Revenue Service (IRS) and foreign bank account reporting rules carefully.The basic rule on foreign bank accounts is that United States citizens who have an interest in or authority over a financial account in a foreign country with assets over $10,000 are required to disclose and report the foreign financial account to the United States Department of Treasury for each year the financial account exists.The case… [read post]
11 Feb 2018, 1:42 pm
A recent case shows the perils of not following the Internal Revenue Service (IRS) and foreign bank account reporting rules carefully.The basic rule on foreign bank accounts is that United States citizens who have an interest in or authority over a financial account in a foreign country with assets over $10,000 are required to disclose and report the foreign financial account to the United States Department of Treasury for each year the financial account exists.The case… [read post]
11 Feb 2018, 7:00 am
The checkpoint has confiscated literally tons of contraband, including expired food and counterfeit or diluted medicines, while increasing tariff revenue, one of the major requirements imposed on Iraq by the International Monetary Fund. [read post]
10 Feb 2018, 7:13 am
As of last week, the Internal Revenue Service (IRS) had already received 18,302,000 tax returns and had processed 17,931,000; that number is likely double by now. [read post]
9 Feb 2018, 2:36 pm
A vocal critic of the Internal Revenue Service’s passport revocation program, the National Taxpayer Advocate recently announced that she had issued hundreds of orders prohibiting the IRS from certifying taxpayers for passport denial or revocation. [read post]
9 Feb 2018, 2:05 pm
IRS Creates Special IRS.gov Page for Tax Reform To help the tax community track information related to the Tax Cuts and Jobs Act (TCJA), the IRS has created a special page on IRS.govto highlight provisions of the new law. [read post]
9 Feb 2018, 2:00 pm
They have proposed taxing the large tech companies based on revenue rather than income. [read post]
9 Feb 2018, 11:43 am
Here’s the story: Section 132 of the Internal Revenue Code allows employers to offer employees the opportunity pay for certain transportation expenses on a pre-tax basis. [read post]
9 Feb 2018, 11:43 am
Here’s the story: Section 132 of the Internal Revenue Code allows employers to offer employees the opportunity pay for certain transportation expenses on a pre-tax basis. [read post]
9 Feb 2018, 9:19 am
“Whitney Houston’s estate has reached a $2 million settlement with the Internal Revenue Service (IRS). [read post]
9 Feb 2018, 9:04 am
“I have no doubt that the Internal Revenue Service or Congress will strike down this concerted effort to evade federal taxes. [read post]
9 Feb 2018, 6:30 am
Internal Revenue Code was dramatically revised in a way that affects Canadian companies that file reports with the SEC and that employ, or may in the future... [read post]
