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At Close: Jun 03, 2026
Georgia Man Sentenced For Filing False Liens Against Federal Government Officials
03:36pm, Saturday, 27'th Nov 2021 CBS Tampa
Hakim Amal Archible has been sentenced for filing false liens against federal government officials, including former IRS Commissioner John Koskinen and former U.S. Treasury Secretary Jacob Lew.
Billions in Crypto To Be Seized by IRS in 2022, Bloomberg Says
03:52pm, Friday, 26'th Nov 2021 U.Today
Internal Revenue Service (IRS) is going to seize ten-digit sums in digital assets in the coming year
Nov. 29 is the final day to make changes for the last child tax credit payment this year
03:35pm, Friday, 26'th Nov 2021 CNBC
Families who want to update or change payment information for the last child tax credit check of the year must do so by Nov. 29, according to the IRS.
Deadline set for plus-up stimulus checks worth up to $1400 are you eligible for final payment?
10:22am, Friday, 26'th Nov 2021 The Sun
PLUS-up stimulus checks worth $1,400 could be coming to an end soon so, when do they finish and are you eligible? The latest round of IRS stimulus payments are set to finish on December 31, 2021. The IRS is promising to pay out eligible recipients every week until the deadline, which was set in []
IRS announces interest rates will remain the same for the first quarter of 2022
03:23am, Friday, 26'th Nov 2021 Investment Watch Blog
The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. The rates are: Three (3) percent for individual overpayments
United States: IRS Sets Releases New Rules For Private Activity Municipal Bonds - Taft Stettinius & Hollister
12:13pm, Thursday, 25'th Nov 2021 Mondaq
On November 10, 2021, the IRS released Rev. Proc. 2021-45 setting forth calendar year 2022 methodologies for establishing private activity bonds volume cap (state ceiling)
IRS Guidance Clarifies Pandemic Rehiring Need Not Always Affect Retirement Benefits
10:33pm, Wednesday, 24'th Nov 2021 JD Supra
The IRS recently issued FAQs to address workforce issues and labor shortages resulting from the COVID-19 pandemic. The guidance seems to be in response to well-publicized labor shortages affecting schools and the education industry, although it is not limited to that industry. The FAQs reaffirm prior IRS guidance, but may give comfort to employers who are contemplating rehiring retirees as they try to manage workforce issues related to the pandemic. By: Morgan Lewis - ML Benefits
Pre-Thanksgiving ACA Reporting Relief Thats No Turkey
06:51pm, Wednesday, 24'th Nov 2021 JD Supra
Just three weeks ago, we wrote that employers likely would not receive certain Affordable Care Act reporting relief to which theyve become accustomed. But in a welcome turn of events, the IRS just released proposed regulations that make permanent a 30-day automatic extension for furnishing Forms 1095-B and 1095-C to individuals... By: Jackson Lewis P.C.
IRS Reports 25 Percent of Workforce Got COVID Vaccine After Biden Mandate Issued
05:32pm, Wednesday, 24'th Nov 2021 Newsweek
Monday was the deadline for 3.5 million federal workers to get their first COVID-19 shot, and 92 percent reported that they were at least partially vaccinated.
Biden''s monthly child tax credit payments will expire in 3 weeks for 35 million families if Congress doesn''t step in
03:57pm, Wednesday, 24'th Nov 2021 Business Insider
If Congress acts before the last payments on Dec. 15, the IRS may be able to quickly get the money to families like it did with stimulus checks.
From the Tax Law Offices of David W. Klasing - Does the IRS Have Access to Your Bank Accounts in the U.S. & Offshore?
11:37am, Wednesday, 24'th Nov 2021 PR Newswire
IRVINE, Calif., Nov. 24, 2021 /PRNewswire/ -- In today''s post 911 world, the value of privacy is at an all-time high. Many U.S. taxpayers simply do not realize how exposed their financials already may be, both to third parties and the federal government. Based on statements made recently
Build Backs gift to ambulance-chasing attorneys
12:23am, Wednesday, 24'th Nov 2021 New York Post
Among all the other junk in Democrats Build Back Better package is a giveaway to ambulance-chasers. Thats right: a $2.5 billion handout to trial lawyers in the form of a new tax writeoff. The IRS usually prohibits lawyers from deducting expenses from contingency-fee cases until theyre resolved, since they should get reimbursed if the case
Emmer concerned farmers will be targeted under expanded IRS
08:36pm, Tuesday, 23'rd Nov 2021 Brownfield Ag News
A Republican Congressman sees farmers in the crosshairs if proposed changes to the Internal Revenue Service occur through the Build Back Better Act. Tom Emmer of Minnesota tells Brownfield President Bidens plan would expand IRS reporting requirements and target every worker that doesnt report their income on a W-2. Its just not the right answer to try and go to our ag community and small businesses across this country and coming out of a pandemic with prices rising and their purchasing power getting eroded say to them that we need to collect more taxes from you to pay for this stuff. The White House said earlier this month the framework would restore the enforcement capabilities of a gutted IRS and ask the highest income Americans to pay their fair share.
IRS Announces Nonacquiescence in Mayo Regulation Invalidity Holding
07:39pm, Tuesday, 23'rd Nov 2021 JD Supra
We previously wrote about decisions made by the District Court of Minnesota and the US Court of Appeals for the Eighth Circuit in Mayo Clinic v. United States regarding challenges to the validity of certain Treasury Regulations promulgated under Internal Revenue Code (Code) Section 170. In that case, the Eighth Circuit held for the taxpayer in part and the government in part and remanded to the district court to further develop the record and address certain issues.... By: McDermott Will & Emery
IRS plans to award $2.6B app development contract in Q1 of fiscal 2023
10:02pm, Monday, 22'nd Nov 2021 fedscoop
The IRS plans to release the request for quotation for its $2.6 billion applications development contract in June 2022 and award the contract in the first quarter of fiscal 2023, according to an agency spokesperson. The Enterprise Development, Operations Services (EDOS) contract will bring all 400-plus systems in the IRS’s applications development (AD) portfolio under […] The post IRS plans to award $2.6B app development contract in Q1 of fiscal 2023 appeared first on FedScoop .
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