Internal Revenue Service (IRS) News
US IRS To Pause Some Tax Enforcement Proceedings
by Mike Godfrey, Tax-News.com, Washington
Wednesday, February 16, 2022
The US Internal Revenue Service (IRS) has suspended the use of more than a dozen additional letters, including the mailing of automated collection notices, normally issued when a taxpayer owes additional tax and the IRS has no record of a taxpayer filing a tax return. Read Full Story
US-Swiss Agreement Published On Mandatory Binding Arbitration
by Mike Godfrey, Tax-News.com Washington
Monday, August 31, 2020
The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24. Read Full Story
US IRS Announces TCJA Compliance Campaign
by Mike Godfrey, Tax-News.com Washington
Friday, May 15, 2020
On May 1, 2020, the United States Internal Revenue Service Large Business and International Division announced a new compliance campaign focusing on the 2017 Tax Cuts and Jobs Act and the recently enacted Coronavirus Aid, Relief and Economic Security Act. Read Full Story
US Taxpayers Can Apply Online For COVID-19 Economic Impact Payments
by Mike Godfrey, Tax-News.com Washington
Friday, May 1, 2020
On April 15, 2020, the United States Internal Revenue Service unveiled the "Get My Payment" online tool that will allow taxpayers to receive economic impact payments under the Coronavirus Aid, Relief, and Economic Security Act. Read Full Story
IRS Launches COVID-19 Employee Retention Tax Credit
by Mike Godfrey, Tax-News.com Washington
Wednesday, April 15, 2020
On March 31, 2020, the United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit scheme, designed to encourage businesses to keep employees on their payroll amid the COVID-19 crisis. Read Full Story
IRS Issues Final Foreign Tax Credit Regulations
by Mike Godfrey, Tax-News.com Washington
Friday, December 6, 2019
On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code. Read Full Story
IRS Issues Estate Tax Regulations
by Mike Godfrey, Tax-News.com Washington
Monday, December 2, 2019
On November 22, 2019, the United States Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels. Read Full Story
Sanders Unveils US Wealth Tax
by Mike Godfrey, Tax-News.com Washington
Friday, September 27, 2019
United States Senator Bernie Sanders (D-VT), a leading contender for the Democratic presidential nomination, has proposed a new tax, as well as a series of enforcement measures, targeting America's wealthiest individuals. Read Full Story
IRS Offers Settlement Scheme To Micro-Captives
by Mike Godfrey, Tax-News.com Washington
Friday, September 20, 2019
On September 16, 2019, the United States Internal Revenue Service announced the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions. Read Full Story
Page 1
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
