September 20, 2021 04:51 PMTIGTA Says COVID Rule Knowledge Varies Among IRS Offices
By Maria Koklanaris
The U.S. Department of the Treasury may not enforce a provision barring states from using federal coronavirus relief funds to offset revenue reductions such as tax cuts, a federal judge ruled Friday, giving a victory to Kentucky and Tennessee.
By Theresa Schliep
The wealthiest 400 American families paid an average 8% tax rate on income earned from 2010 through 2018, according to estimates released Thursday by the White House, which called for eliminating certain tax advantages for investments and inheritances.
By Amy Lee Rosen
Though the employee retention credit is listed on the current priority guidance plan, the government does not anticipate it will issue any additional guidance because sufficient notices already have been issued, an IRS attorney said Thursday.
By Kevin Pinner
Public support for international cooperation to improve the global tax system ebbed in most Group of 20 nations, but so has support for tax competition, while support for using tax incentives on big issues grew, a new survey found.
By James Nani
The U.S. Treasury urged the Sixth Circuit to reverse an injunction barring the America Rescue Plan's clawback provision from being enforced against Ohio, saying the provision and later rulemaking were proper exercises of the federal government's power.
By Jaqueline McCool
New York would allow taxing jurisdictions to opt out of assessing penalties and fees for small rental businesses economically impacted by the pandemic under a bill introduced in the state Senate.
Sean Craig at LexisNexis examines recent investigations by the Joint Chiefs of Global Tax Enforcement and their impact on U.S. taxpayers, as well as the growing significance of transfer pricing disputes and policies for future enforcement.
Sean Craig at LexisNexis looks at how international initiatives, such as the Joint Chiefs of Global Tax Enforcement, are addressing cryptocurrency-related tax evasion, and how the COVID-19 pandemic and increasing demands for governmental welfare programs are driving global tax policy.
Dana Fried at CohnReznick examines recent IRS guidance on the employee retention credit, which includes a helpful new rule enabling more employers to qualify for the credit by allowing them to exclude some pandemic relief from gross receipts, but its exclusion of related individuals' wages from qualified wages for certain corporate owners is disappointing.
September 20, 2021 01:19 PMItaly Seizes $12.9M, 3.5M Masks From VAT Fraud Profiteers
September 17, 2021 03:58 PMUS Asks Court To Strike Ex-IRS Agent's Release Request
September 17, 2021 11:29 AMReturn To In-Person Tax Court Trials Adds Wrinkles For Attys
September 16, 2021 01:27 PMMass. Issues Guidance On End Of Teleworker Sourcing Rules
September 15, 2021 06:21 PMNY Saving $1.6B To Hedge Against COVID Risks To Tax Base
September 15, 2021 06:31 PMMo. Won't Override Veto Of Tax Refunds For Virus-Closed Cos.
September 13, 2021 06:55 PMOhio Man Appeals Local Telework Tax, Seeks Refund
September 7, 2021 04:23 PM6th Circ. Expedites Hearing For Ohio Over State Tax Cut Ban
September 3, 2021 07:08 PMIRS Regs May Force Biz Owners To Retract Retention Credits
September 2, 2021 04:23 PMRI Tax Division Issues Guidance On PPP Loan Forgiveness
September 1, 2021 01:38 PMMich. Bill Seeks Broadband Tax Credit For Remote Workers
August 31, 2021 05:51 PMDems Eye Sunsets Of Family Credits To Bolster Budget Bill
August 31, 2021 04:41 PMNetherlands Ends Most Pandemic Relief, Tax Deferrals
August 27, 2021 06:47 PMTrudeau Pledges Tax Hikes On Canada's Largest Enterprises
August 27, 2021 06:57 PMKilling Fed. Tax Offset Rule Creates 'Loophole,' Treasury Says
August 27, 2021 01:46 PMIowa 3-Year Carryback Rule Will Apply To Pandemic NOLs
August 27, 2021 04:33 PMCentrist Dems Hold Cards As Congress Mulls $3.5T Relief Plan
August 27, 2021 05:34 PMDomicile Changes In Remote-Work Era Draw States' Scrutiny
August 26, 2021 03:39 PMTreasury Says Ky., Tenn. Lack Standing In Virus Law Tax Fight