IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS: High Earners With No Tax Liability Skyrocketed in 2008
By Michael S. FischerThe number of high-earning U.S. taxpayers who did not owe income tax in 2008 shot up by nearly 80% from the previous year, according to the spring 2011 edition of the Statistics of Income Bulletin, released June 14 by the IRS.
June 13, 2011
IRS E-File: More Than 1 Billion Taxpayers Served Since 1986IRS e-file, the electronic transmission system that sends tax returns to IRS processing centers, has passed the one billion mark for individual tax returns processed, the agency announced Thursday.
June 12, 2011
IRS Gives Nonprofit Plans, Hospitals More Time to Comply with PPACAThe Internal Revenue Service is pushing back the compliance deadlines for Patient Protection and Affordable Care Act nonprofit health plan and nonprofit hospital social responsibility requirements.
June 10, 2011
PPACA: IRS Starts to Design Health Plan Quality Research FeeThe Internal Revenue Service is asking for comments about how it should go about using fees from health insurers and sponsors of self-insured health plans to pay for comparative clinical effectiveness research.
June 09, 2011
IRS Adds Advisory Panel MembersAn actuary and a pension lawyer are among a group of 10 new members of the federal Advisory Committee on Tax Exempt and Government Entities.
June 09, 2011
PPACA: IRS Starts to Design Health Plan Quality Research FeeThe Internal Revenue Service is asking for comments about how it should go about using fees from health insurers and sponsors of self-insured health plans to pay for comparative clinical effectiveness research.
June 09, 2011
IRS Adds Advisory Panel MembersAn actuary and a pension lawyer are among a group of 10 new members of the federal Advisory Committee on Tax Exempt and Government Entities.
June 09, 2011
IRS: Thousands of Groups Lose Tax-Exempt StatusThe IRS announced that nearly 300,000 groups have lost their tax-exempt status because they failed to file required reports for three consecutive years.