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Mayor facing legal action from IRS resigns

Mayor facing legal action from IRS resigns The mayor of Port Richey resigned from the office he's held for five years, saying the IRS plans to pursue legal action against him for under-reporting his...

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Financial institutions and investment funds should prepare now for FATCA

Financial institutions and investment funds should prepare now for FATCA While the goal is the increased collection of tax, the intention is not to create any new tax. FATCA's goal is accomplished by...

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How to Really Simplify the Tax Code

How to Really Simplify the Tax Code In essence, the Internal Revenue Service would calculate your taxes for you and send you a bill or a refund. The Treasury proposal went nowhere, for two reasons....

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Fees on Health Insurance Policies and Self-Insured Plans for the Patient …

Fees on Health Insurance Policies and Self-Insured Plans for the Patient … Submissions may be hand-delivered Monday through Friday between the hours of 8 am and 4 pm to CC:PA:LPD:PR (REG-136008-11),...

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IRS proposes expanding tax return information it will disclose to HHS under …

IRS proposes expanding tax return information it will disclose to HHS under … By Alistair M. Nevius On Friday, the IRS issued proposed regulations relating to how it will release certain tax return...

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IRS Proposes Regulation on Local Lodging Expenses

IRS Proposes Regulation on Local Lodging Expenses Some business-related lodging expenses incurred in the vicinity of home will be deductible if the IRS adopts a proposed regulation, that would amend...

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Metro State IRS special agent class gives students a taste of the job

Metro State IRS special agent class gives students a taste of the job By Anthony Cotton Metro State student Robert Persichitte plays the role of an IRS agent as part of the Adrian Project. (The Denver...

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New requirements for tax preparers might thin the ranks

New requirements for tax preparers might thin the ranks The Internal Revenue Service is requiring that all professional tax preparers pass a test as a way to ensure a basic level of competency. They...

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IRS on Time's Breastfeeding Issue?

IRS on Time's Breastfeeding Issue? For decades, the IRS considered breast pumps “feeding devices,” not medical devices that qualified as medical expenses. Yet other kinds of medical equipment, like...

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Property Tax Exemption Bill – Illinois Hospitals: Illinois General Assembly …

Property Tax Exemption Bill – Illinois Hospitals: Illinois General Assembly … The Property Tax Code is amended by changing 3 Section 15-10 and by adding Section 15-86 as follows: 4 (35 ILCS 200/15-10)...

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