Saturday, 25 March 2017
News with tag Internal Revenue Service  RSS
Amazon Defeats IRS in Tax-Court Case

Added: 23.03.2017 21:30 | 1 views | 0 comments

Amazon.com prevailed over the Internal Revenue Service in a more-than-$1.5 billion dispute over the online retailer’s transactions with a Luxembourg subsidiary.

IRS income tax audits plummet as agency faces budget cuts

Added: 06.03.2017 22:22 | 0 views | 0 comments


Americans filing income tax returns this year can worry less about being audited, after the Internal Revenue Service said budget cuts and a reduced staff are to blame for it auditing the fewest number of people in 13 years in 2016. “I don’t think it’s open season for people to cheat,” Joseph Perry, a partner at the accounting firm Marcum, told the Associated Press. Recommended: What does the federal government do with your money?

IRS audits reportedly targets the rich

Added: 01.03.2017 7:06 | 1 views | 0 comments

Tax specialists are reportedly warning clients that the Internal Revenue Service is focusing this year on people and companies most likely to hide money during tax season.

From: feeds.foxnews.com

Congressional oversight committee will not seek Trump's tax returns

Added: 17.02.2017 2:22 | 4 views | 0 comments


President Trump’s tax returns may not become public anytime soon. Kevin Brady (R) of Texas, chairman of a congressional committee responsible for setting tax policy, has refused a letter from fellow committee member Bill Pascrell (D) of New Jersey asking that the House Ways and Means Committee use an obscure law to review the Mr. Trump's tax returns. The law would allow Ways and Means to order the Internal Revenue Service to hand over the president’s tax returns, after which the committee would decide by a vote whether to make them public if they discovered any relevant conflicts of interest.

Michael Jackson's Estate Faces Demand for Big Tax Payment

Added: 06.02.2017 0:51 | 3 views | 0 comments

The executors of Michael Jackson’s estate are facing off with the Internal Revenue Service in U.S. Tax Court on Monday over the valuation of the singer’s name and likeness rights at the time of his death.

Deutsche Bank to Pay $95 Million to End U.S. Tax Fraud Case

Added: 04.01.2017 22:17 | 1 views | 0 comments

Deutsche Bank AG agreed to pay $95 million to resolve a U.S. government lawsuit accusing the German bank of tax fraud for using "insolvent" shell companies to hide significant tax liabilities from the Internal Revenue Service in 2000.

From: feeds.foxbusiness.com

U.S. Tax Season Advice & What To Do Before The Tax Year Ends

Added: 28.12.2016 16:43 | 1 views | 0 comments

As the tax filing season approaches on January 23 in the United States, the Internal Revenue Service (IRS) in Washington has reminded taxpayers of things they should do to get ready. The tax season in the U.S. means mounds of paperwork with individuals and accounting firms often overwhelmed before tax [...]

Callers for dollars: Inside India's scam call centers

Added: 02.12.2016 3:34 | 3 views | 0 comments

In late September, a woman in National City, California, received a voice message on her phone saying she was in trouble with the Internal Revenue Service (IRS) over "tax evasion or tax fraud". Charges include conspiracy to commit identity theft, impersonation of an officer of the United States, wire fraud and money laundering.

Callers for dollars: Inside India's scam call centers

Added: 29.11.2016 23:47 | 3 views | 0 comments

In late September, a woman in National City, California, received a voice message on her phone saying she was in trouble with the Internal Revenue Service (IRS) over "tax evasion or tax fraud". Police said Thakkar led a lavish lifestyle, frequenting 5-star hotels and driving expensive cars with proceeds from the scam.

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