IRS Rules All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes
The IRS and the Treasury have announced how same sex marriages will be treated for tax purposes – and it’s big!
-
-
Guest Post: Funding The IRS Is Critical For American Taxpayers
Today’s guest post is from Carolyn Linkov who explores funding for IRS.
-
IRS Proposes To Permanently Ease Restrictions For Innocent Spouse Relief
The IRS has released proposed regulations that would, among other things, extend the deadline for equitable relief for innocent spouses. The deadline was informally extended by Notice 2011-70; the proposed regulations would make that deadline permanent.
-
Obama Nominates Former Head Of Freddie Mac To Head Up IRS
President Obama has nominated John Koskinen to take over as Commissioner of the Internal Revenue Service.
-
As Debate Into Tax Exempt Scandal Continues, Here’s A Timeline Of Who Knew What And When
It is with regret that I will be departing from the IRS as my acting assignment ends in early June. This has been an incredibly difficult time for the IRS given the events of the past few days, and there is a strong and immediate need to restore public trust in the nation’s tax agency….
-
IRS To Remain Open For Business As Furlough Day Is Canceled
The Internal Revenue Service will remain open for business next Monday, July 22, 2013, despite a previously scheduled furlough day. The furlough was to be the fourth in a series of five furlough days this season. The first three of those days went on as planned on May 24, June 14 and July 5. On…
-
Congress Threatens IRS With ‘Right-Sized’ Budget Cuts
Things just keep getting worse for the Internal Revenue Service. Last week, a House Appropriations subcommittee proposed to slash the tax agency’s budget by nearly 25% for the next fiscal year. The cuts would bring the agency’s budget to the lowest level in more than ten years. The budget, which Chairman Hal Rogers (R-KY) has…
-
IRS Issues Tax Relief Reminder For Taxpayers Affected By The Boston Marathon Bombings
The Internal Revenue Service has issued a reminder that Boston area taxpayers and others affected by the Boston Marathon bombings have until Monday, July 15, 2013, to file their individual 2012 federal income tax returns and make any payments due. The relief, which was announced just days after the tragedy, applies to all individual taxpayers…
-
IRS May Cancel Controversial Employee Bonuses – For A Price
Remember those pesky IRS bonuses? Last month, despite a directive from the Obama administration for agencies to cancel discretionary bonuses because of automatic spending cuts, the Internal Revenue Service appeared to be moving ahead with plans to distribute $70 million in employee bonuses. Now, that’s changing. Danny Werfel, who is now serving as the Acting…
-
As Second IRS Official Pleads The Fifth, Congress Pushes For ‘Lerner Rule’
Greg Roseman, a Deputy Director at the Internal Revenue Service, didn’t make any friends on the Hill last month when he refused to testify at a House Oversight Committee hearing. It was the second time in recent memory that an IRS employee had invoked a Fifth Amendment right not to testify: Roseman follows hot on…