The IRS stipulates that a lawyer's print-at-home postal service resulted in timely mailing.
The IRS reported several large drops in its enforcement activities in fiscal year 2016, including a 16% drop in audits, a 40% drop in levies, and a 9% drop in liens compared to the prior year.
“Tax manager” is one of the top high-demand positions on a “hot jobs” list distributed by global outplacement and executive coaching firm Challenger, Gray & Christmas.
The decision of the IRS and some states to recommend—or, in a few cases, require—the use of driver’s license numbers as form of authentication on electronically filed personal tax returns has made them a higher-value target for hackers and other criminals.
The IRS is asking for comments on proposed procedures for requesting consent to make accounting method changes to reflect FASB’s new revenue recognition standards.
The IRS released the inflation adjustments to the depreciation limits for cars and trucks used for business purposes in 2017.
The Tax Court held that Amazon.com had properly valued transfers of intangibles under a cost-sharing arrangement with its Luxembourg subsidiary.
The IRS Office of Professional Responsibility has no authority or jurisdiction over a disbarred attorney/tax preparer or his tax preparation practice and cannot regulate his provision of tax advice a federal district court in Nevada has held.
The IRS announced that it would grant “eligible taxpayers” who are affected by this week’s winter storm on the East Coast extra time to file their requests for filing extensions.
The IRS announced that has taken down its tool for retrieving tax return data used to complete the Free Application for Federal Student Aid.
The draft proposals to repeal the Affordable Care Act released by House Republicans would make many tax changes if enacted. Here’s a look at their impact on the tax code.
The AICPA leads effort to promote state-level uniformity.
Changes to 15-year and bonus depreciation rules and Sec. 179 expensing may deliver tax savings to business clients.
The Tax Court cites a lack of earnings and profits.
Popular employer arrangements to reimburse medical expenses had been penalized by the Affordable Care Act.
A self-imposed loan restriction to pay salaries does not encumber funds owed to the government.
The treatment of foreign goodwill or going concern value is clarified.
FBARs get automatic extensions...Eligibility rule waiver extended for tangible property regs. automatic method changes...Standard mileage rates for 2017
The Tax Court rejects a taxpayer's argument for an exception under Sec. 1031(f)(2)(C) of no principal purpose of tax avoidance.
The arrangement could be a model for other companies.