IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Clarifies Life Settlement Rules
By Arthur D. PostalA recent ruling by the IRS confirms its official position on certain key tax issues regarding life settlements, as per a request from officials in Luxembourg
September 19, 2011
Tax Amnesty: IRS Collects Billions From Hidden Offshore AssetsGetting straight with the IRS is gaining momentum among Americans who have previously evaded taxes by not disclosing offshore assets and income.
September 15, 2011
IRS Offers Large 2010 Estates Filing, Penalty ReliefLarge estates of people who died last yearthose valued at more than $5 millionwill have until early next year to file required returns and pay any estate taxes due, the IRS announced.
September 14, 2011
PPACA: IRS Gets Real About Group Health AffordabilityThe Internal Revenue Service is trying to free employers from a Patient Protection and Affordable Care Act provision that otherwise could force them to track group health plan participants' household income.
September 14, 2011
IRS Gives 2010 Estates More Time to Pay TaxesThe Internal Revenue Service is offering beneficiaries of people with large estates who died in 2010 more time to adjust to mid-year tax-law changes.
September 13, 2011
IRS Gives 2010 Estates More Time to Pay TaxesThe Internal Revenue Service is offering beneficiaries of people with large estates who died in 2010 more time to adjust to mid-year tax-law changes.
September 07, 2011
IRS Goes Back To Drawing Board on Estate CostsThe Internal Revenue Service is scrapping proposed estate administration cost deduction rules it released in 2007.
September 06, 2011
IRS Goes Back To Drawing Board on Estate CostsThe Internal Revenue Service is scrapping proposed estate administration cost deduction rules it released in 2007.