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IRS Issues Basis Shifting Guidance for Partnerships, Proposes Reporting Requirements | JD Supra
JD Supra· 20 hours agoThe Internal Revenue Service (IRS) and U.S. Department of Treasury recently issued guidance to curtail what they consider abusive basis ...
Millions of taxpayers face Monday deadline to pay IRS
Scripps News via AOL· 2 days agoThe Internal Revenue Service issued a reminder that taxpayers who don't have their taxes held by...
IRS, Treasury Look to Challenge So-Called Basis-Shifting Transactions, But It Won’t Be Easy | JD...
JD Supra· 20 hours agoThe Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) announced the latest chapter in the long-trumpeted ...
Fewer Americans are getting tax refunds from Uncle Sam. Here's why that may be
Moneywise via Yahoo Finance· 5 days agoThe federal government simply isn’t distributing tax refunds the way it used to. According to ...
IRS plans to close major tax loophole for wealthy, raise $50 billion in the process
Scripps News via AOL· 2 days agoThe Internal Revenue Service is cracking down on a "major tax loophole" that wealthy individuals,...
IRS seeks to close loophole used by ultra-wealthy
The Week· 1 day agoThe Internal Revenue Service and Treasury Department launched a new initiative Monday aimed at closing a significant tax loophole often ...
Latest IRS effort to target wealthy tax cheats could raise $50 billion over a decade
CNN via AOL· 3 days agoThe Internal Revenue Service announced Monday its latest move to crack down on wealthy tax cheats –...
The IRS says it can raise $50 billion by closing an 'abusive' tax loophole used by the ultra-rich
Quartz· 3 days agoThe Internal Revenue Service says it could raise more than $50 billion over the next decade by...
Data Reveals How Much You Need to Be Rich in America
SmartAsset via Yahoo Finance· 6 hours agoEarning more money can make it easier to pay the bills, fund your financial goals and spend on hobbies or "fun," but what income is considered to make...
IRS crack down on tax loophole could raise $50 billion - ABC Columbia
ABC Columbia· 2 days agoOn Monday, June 17, the Internal Revenue Service announced its closing a major tax loophole that...