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On This Day, May 10: IRS apologizes for targeting Tea Party, 'patriots'
United Press International via Yahoo News· 2 days agoFile Photo by Kevin Dietsch/UPI May 10 (UPI) -- On this...
IRS chief pleads for another funding boost to skeptical lawmakers
Government Executive· 4 days agoIRS is far short of its needs to answer the phones and staff walk-in centers around the country from...
Jackpot! Slot-machine gamblers could keep more of their winnings from IRS scrutiny under proposed...
Market Watch· 3 days agoWhen it comes to slot machines, winning an amount over $1,200 will trigger a tax form. The payer,...
IRS Issues FAQs On Retirement Plan Distributions And Loans Following Major Disasters
Forbes· 4 days agoThe IRS has answered some frequently asked questions (FAQs) relating to rules for distributions from...
Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
Dayton Daily News· 13 hours agoWASHINGTON (AP) — Former President Donald Trump may face an IRS bill in excess of $100 million after...
IRS urged to probe tax-exempt groups supporting anti-Israel protests
Fox News· 2 days agoSen. Joni Ernst, R-Iowa, called on Internal Revenue Service (IRS) Commissioner Danny Werfel in a...
IRS Direct File: 140K people used pilot program, but its future is unclear
WPRI Providence· 4 days agoThe government pilot program, rolled out this tax season in 12 states, allows people with very...
IRS PLR: Failure to Identify Interest Rate Cap Under Hedge Identification Requirements Inadvertent...
Bloomberg Law· 2 days agoThe IRS has published a private letter ruling on Section 856, regarding real estate investment trust (“REIT”). The taxpayer, a state limited liability company, elected to ...
IRS wants tax training focused on big filers
Government Executive· 3 days agoThe IRS wants to revamp how it trains revenue agents and economists that enforce tax laws that apply to large organizations and wealthy individuals....
IRS Rules Utility's NOL Carryforward Cannot Be Reduced by Tax Allocation Payments | JD Supra
JD Supra· 3 days agoThe IRS ruled that the normalization rules precluded the reduction of the NOLC by reason of the TAA payments. Because the regulatory authority required the reduction of the ...