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Summons on Swiss Bank Paused IRS Deadline to Issue Tax Penalties
Bloomberg Law· 7 hours agoThe IRS was on time asserting more than $500,000 in penalties against a couple for not reporting about $6.79 million in offshore income because the statute of limitations ...
IRS Releases Draft Of New Crypto Tax Form Used To Report Transactions
Forbes· 2 days agoThe IRS has offered a glimpse of the future of crypto reporting. The agency has released a draft of...
Tax Court Upholds IRS Decision That Premiums Paid to Microcaptive Insurance Companies Did Not...
JD Supra· 15 hours agoThe U.S. Tax Court recently upheld a determination by the IRS that premium payments to certain microcaptives could not be deducted for tax purposes because the premium payments ...
Watchdog Says IRS Had Success With Ghost Employers, But There’s More Work To Be Done
Forbes· 7 days agoIt seems that everyone has been ghosted by friends, co-workers, or old flings—but what about your...
Students sleuth with IRS agents at Radford University event
Roanoke Times· 5 days agoThe students received instruction on firearm handling, working undercover and making arrests. At the...
My daughter has special needs. Does the IRS have the authority to take money from a trust that I set...
Market Watch· 1 day agoJust to clear: I am not in any trouble and nor do I currently owe any money to the IRS. Again, I am...
IRS seeks $104B for multi-year modernization fund to maintain customer service improvements
Federal News Network· 5 days agoThe IRS is telling lawmakers that billions of dollars in multi-year modernization funds are helping...
IRS Properly Rejected $22.7 Million Deduction as Disguised Sale
Bloomberg Law· 1 day agoThe IRS was right to disallow a $22.7 million ordinary loss deduction and to impose accuracy-related penalties for a partnership’s underpayment of tax, the US Tax Court said ...
...Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax...
SmartAsset via Yahoo Finance· 1 day agoHow much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS?...
An Uncharitable Regulation: Tax Court Invalidates Conservation Easement Regulation | New York Law...
Law.com· 7 hours agoRather than focusing on the value of an easement, which is a highly fact-specific inquiry, in many...
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