IRS

Rubio’s proposed tax plan includes a dramatic change in the way capital gains are treated. With this little-noticed proposal, holders of capital assets – including securities, real estate and small business interests – would calculate their potential ...

Based on its report findings and discussions over the last year, the IRSAC made several recommendations on a broad range of issues and concerns.

Under legislation enacted last December, the IRS must establish a voluntary certification program for professional employer organizations (PEOs). The law requires them to meet a number of requirements, including certain bond and independent financial ...

The NSA letter expressed support for a November 9 letter signed by five former IRS commissioners sent to these same Congressional leaders that said, ““We do not understand why anyone with present and projected debts and annual losses as large as ...

From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe you’ve made loans to vendors or suppliers that haven’t been repaid. It can take a long time to get ...

CCH CodeConnect allows tax professionals in accounting firms and corporations to quickly find answers and practical guidance relating to federal tax law, and offers relevant practice tools, checklists, deadlines, forms, instructions and more.

As part of the Security Summit process, members from the IRS, states and industry are co-chairing and serving on several teams. The teams have focused on a number of areas including improved validation of the authenticity of taxpayers and information ...

In a new report released by the Treasury Inspector General for Tax Administration (TIGTA), the IRS has been sharply criticized for failing to update the Windows operating system on its computers in a timely fashion. The foul-up exposed sensitive ...