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IRS Paid $61 Million to Whistleblowers in 2016
Since 2006, the program has paid whistleblowers over $465 million in monetary rewards. In 2016, the office approved 418 rewards, paying out over $61 million to whistleblowers.
Since 2006, the program has paid whistleblowers over $465 million in monetary rewards. In 2016, the office approved 418 rewards, paying out over $61 million to whistleblowers.
PwC has announced that it will acquire the global tax services team and technologies of GE. The team of more than 600 highly-regarded tax professionals will join the PwC organization, and will provide enterprise tax services to GE and to other ...
Treasury Reg. § 1.1441-9 provides that withholding is not required under section 1441 with respect to amounts paid to a foreign organization described in section 501(c), to the extent the amounts are not unrelated business taxable income.
Taxpayers can get a jump now on preparing their returns, and the companies will hold the returns until Jan. 23 when the filing season officially begins. Taxpayers also should remember that, by law, the IRS must hold refunds claiming the Earned Income ...
Thomson Reuters has released a special report, Sales to Intentionally Defective Irrevocable Trusts, which discusses the sale to an intentionally defective irrevocable trust (IDIT) in exchange for its promissory note. The report establishes that the ...
With the inauguration only a week away, many voters are wondering what Trump's presidency means for taxes, and whether he will follow through with his pre-election tax proposals.
The new phishing scheme is targeting accounting and tax preparation firms nationwide, with the cyber criminals trying to collect sensitive information that will allow fraudsters to prepare fraudulent tax returns.
Approximately 1.8 million families are breaking the law by not paying their nanny taxes every year. A 2009 estimate maintained that 80% to 90% of all households that employ nannies, housekeepers, and home health aides are cheating on their taxes.