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IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 5 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era...
Ken Griffin’s Data Leak Suit Against IRS Ends With Settlement
Bloomberg· 18 hours agoThe US Internal Revenue Service agreed to settle a lawsuit brought by hedge fund manager Ken Griffin...
Julian Assange, a Free Man
Reason.com via AOL· 45 minutes agoThere's been major, life-threatening flooding in parts of Minnesota, Iowa, and South Dakota this week. The IRS and hedge fund manager Ken Griffin just...
The IRS ‘screwed up’
The Escanaba Daily Press· 9 hours agoOn June 3, 2024 my family received a letter from the IRS indicating that we owed $4,900.31 for our 2023 taxes as we had under paid. Note, this letter did in fact come from ...
Treasury and IRS Announce New Attack on Partnership Basis-Shifting Structures and Establishment of...
JD Supra· 4 days agoOn June 17, 2024, the IRS announced the formation of a dedicated group in the Office of Chief Counsel specifically focused on developing guidance on partnerships, which is ...
IRS enters 'next stage' of ERC tax-credit work, outlines plans to resume payments - The Business...
The Business Journals· 4 days agoThe agency in an announcement this week said it had taken the time since its Sept. 14 moratorium on...
NIL Collectives: Don’t Be Blindsided by an IRS Challenge | JD Supra
JD Supra· 1 day agoIf the IRS challenges the tax-exempt status of a name, image, and likeness (NIL) collective, the collective must understand how best to respond. Since the National Collegiate ...
Ken Griffin’s Data Leak Suit Against IRS Ends in Settlement
Bloomberg via Yahoo Finance· 16 hours ago(Bloomberg) -- The US Internal Revenue Service agreed to settle a lawsuit brought by hedge fund...
IRS Met Penalty Approval Criteria in $25 Million Easement Suit
Bloomberg Law· 17 hours agoThe IRS complied with supervisory approval requirements in imposing a penalty on a partnership for its $25 million charitable contribution deduction claim, the US Tax Court said.
'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS
Reason.com via Yahoo News· 1 day agoThe Tax Man Is Shocked To Discover Fraudsters In the course of a detailed review of the Employee...
