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16 Nov 2023, 8:10 am
On October 19, 2023, the Internal Revenue Service (IRS) announced a limited-time “withdrawal option” for businesses that improperly claimed the Employee Retention Credit (ERC). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 10:00 pm
In January 2022, the Internal Revenue Service (IRS) changed the withholding election rules applicable to distributions from pension plans (a term that includes 401(k) plans, money purchase pension plans and defined benefit pension plans). [read post]
15 Nov 2023, 9:49 pm
Before the state of California gives him any of his winnings, 24 percent—$239.4 million—will be withheld and sent directly to the Internal Revenue Service (IRS).[5] In addition, because the highest federal income tax rate is 37 percent, an additional 13 percent—$129.7 million—will be due in April 2023.[6] After these federal tax payments are made, Mr. [read post]
15 Nov 2023, 9:59 am
In response to inflationary concerns, the Internal Revenue Service (IRS) has increased its inflation adjustment from 2023. [read post]
15 Nov 2023, 8:50 am
This should further improve the ability of local tax authorities to ensure tax compliance and clamp down on tax evasion, which reduces public revenues and increases the burden on those who pay their taxes. [read post]
15 Nov 2023, 8:41 am
The Treasury and the IRS have recently released updated figures for various provisions of the Internal Revenue Code (IRC) for the year 2024. [read post]
15 Nov 2023, 8:38 am
Diving into IRS Nonprofit Designations The Internal Revenue Service (IRS) recognizes several types of tax-exempt organizations. [read post]
15 Nov 2023, 5:10 am
The International Tax Competitiveness Index (ITCI) provides a comprehensive analysis of tax policies across the globe, with particular emphasis on the OECD countries. [read post]
15 Nov 2023, 5:00 am
ISRAEL-HAMAS WAR – INTERNATIONAL RESPONSE The U.N. [read post]
14 Nov 2023, 2:00 pm
The Internal Revenue Service recently announced its 2024 inflation adjustments to many retirement plan limits. [read post]
14 Nov 2023, 12:20 pm
Dominating international sports. [read post]
14 Nov 2023, 7:31 am
The Committee for a Responsible Federal Budget, a non-partisan, non-profit organization that tracks budgetary matters, said recently that agencies and services that could be affected include the National Park Service, government grant programs, certain applications at the Internal Revenue Service, and the government’s ability to send out SNAP benefits. [read post]
US SEC charges SolarWinds and its CISO for alleged cybersecurity misstatements and controls failures
14 Nov 2023, 3:00 am
One of its network managements platforms, Orion, accounted for approximately 45 percent of SolarWinds’ revenue. [read post]
13 Nov 2023, 5:40 pm
Evolving Safe Harbor Provisions to the Federal Anti-Kickback Law can form the Basis for a Defense to Health Care Fraud Charges Kickbacks are illegal activities that can happen in all sorts of endeavors, from construction and real estate development to banking or politics. [read post]
13 Nov 2023, 1:56 pm
American laws and principles Following the general principle that the court in the forum country does not have jurisdiction to entertain an action for the enforcement of a penal, revenue, or other public law of a foreign country, the importer of artworks would not be subject to action solely on the ground that the exportation of the artworks was illegal in the exporting country.[21] The U.S. government’s attitude towards international efforts to control the illicit traffic… [read post]
