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25 Oct 2022, 10:46 am by Bernard Bell
This post assesses the Solicitor General’s argument, in New York v. [read post]
14 Oct 2022, 8:29 am by Geoff Schweller
On October 4, Senator Ron Wyden (D-OR), Chair of the Senate Finance Committee, sent a letter to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig outlining his priorities for the increased funding for the Internal Revenue Service (IRS) offered by the Inflation Reduction Act. [read post]
23 Sep 2022, 4:00 am by Jim Sedor
Prosecutors have accused Barrack of using his sway with Trump to advance [read post]
8 Sep 2022, 10:31 am by Gene Takagi
See IRC 7611(g) Any final report of an agent of the Internal Revenue Service shall be treated as a determination of the Secretary under paragraph (1) of section 7428(a), and any church receiving such a report shall be treated for purposes of sections 7428 and 7430 as having exhausted the administrative remedies available to it. [read post]
For example, she trained agency personnel on new electronic patient software reporting programs, trained captains on how to use a National Fire Incident Reporting System and increased revenues that allowed for the purchase of new medical equipment, the lawsuit says. [read post]
17 Aug 2022, 1:51 pm by jeffreynewmanadmin
A Federal Court has ruled that the Internal Revenue Service can serve a “John Doe” summons on crypto prime dealer SFOX, a court ruled Monday, allowing the tax agency to hunt for potential tax evaders using company’s services. [read post]
16 Aug 2022, 11:07 pm by Jack Bogdanski
A Message from Chuck Rettig, Commissioner of Internal Revenue [to IRS employees]The signing of the historic reconciliation package marks a transformational moment for our agency — and an opportunity for the future of tax administration as well as IRS employees.As you know well, the IRS has struggled for many years to receive sufficient resources to fulfill our important mission. [read post]
12 Aug 2022, 4:00 am by Jim Sedor
But a plethora of hate groups still populate the site, and the company boosts its revenue by running ads on searches for these pages. [read post]
7 Aug 2022, 8:30 am by Gene Takagi
Fifty-six of the approved fraudulent organizations applied using Internal Revenue Service (IRS) Form 1023-EZ, which requires minimal information from applicants. [read post]
5 Aug 2022, 5:00 am by Scott Tippett
Commissioner of Internal Revenue (Case No. 22-1193, 1194 & 1195) the IRS appealed the Tax Court’s ruling that Mylan (the taxpayer) was entitled to deduct, as an ordinary business expense under IRC § 162(a), approximately $50 million in legal expenses it incurred to defend patent infringement actions in connection with its manufacture of generic drugs. [read post]
26 Jul 2022, 9:01 pm by William A. Birdthistle
For those of us unaccustomed to communicating in five-letter acronyms, those are the London Inter-Bank Offered Rate and the second Markets in Financial Instruments Directive, both international developments with material relevance to the U.S. economy. [read post]
22 Jul 2022, 4:00 am by Jim Sedor
It is the same UPS store address used by Put Arizona First itself. [read post]
18 Jul 2022, 9:05 pm by Richard J. Pierce, Jr.
In that context, the White House may have had more expertise on health care than the Office of the Commissioner of Internal Revenue. [read post]
30 Jun 2022, 6:45 am by Michael Geist
The limits in the bill focus on whether the program generates direct or indirect revenues, has been broadcast on an online undertaking, and has a unique identifier under an international system. [read post]
23 Jun 2022, 9:04 pm by William McDonald
Congress should reform existing legislation to allow airports to use federal funding and other revenue programs to improve energy efficiency. [read post]
Similarly, digital assets would be treated in the same manner as traditional securities for purposes of the “securities lending” rules under Section 1058 of the Internal Revenue Code. [read post]
17 Jun 2022, 5:00 am by Mark Astarita
The Internal Revenue Service has cautioned taxpayers with pending tax bills to contact the IRS directly and not go to unscrupulous tax companies that use local advertising and falsely claiming they can resolve unpaid taxes for pennies on the dollar. [read post]
13 Jun 2022, 12:01 pm by Bianca Saad
On June 9, 2022, the Internal Revenue Service (IRS) announced an increase in the standard mileage rate for the second half of 2022. [read post]
3 Jun 2022, 5:20 am by Matthew D. Lee
The Internal Revenue Service has announced the first installment of its annual “Dirty Dozen” list of tax scams. [read post]
17 May 2022, 4:16 am by Emma Snell
“They are going to come here on Monday to try and convince us? [read post]