Today’s guest post is from Carolyn Linkov who explores funding for IRS.
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IRS To Michael Jackson’s Estate: Who’s Bad?
We now know how much is at stake in the tax dispute over Michael Jackson’s estate: $700 million. Here’s how it breaks down.
Read MoreIRS 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.
Read MoreObama 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.
Read MoreCongress To Consider ‘Keep The IRS Off Your Health Care Act Of 2013’ This Week
Rep. Tom Price (R-GA) has introduced H.R. 2009, referred to as the Keep the IRS Off Your Health Care Act of 2013 to prohibit the Secretary of the Treasury from enforcing the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. The bill would bar IRS from enforcing the health care act as a result of the most recent tax exempt organization scandal.
Read MoreAs 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
Read MoreIRS 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
Read MoreCongress 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
Read MoreIRS 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,
Read MoreIRS 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,
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