IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
PPACA: IRS Starts to Design Health Plan Quality Research Fee
By Allison BellThe 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 03, 2011
IRS Advisory Panel on Tax Exempt and Government Entities to Meet June 15The IRS’s Advisory Committee on Tax Exempt and Government Entities (ACT) will submit recommendations to IRS leadership at a June 15 public meeting.
June 02, 2011
IRS Offers 5 Tips to Prepare for DisasterThe IRS issues tips to safeguard records and valuables in case disaster strikes clients—or advisors
May 31, 2011
IRS Issues Corrected Instructions for 2010 Gift Tax ReturnThe IRS has revised instructions to Form 709, which is used to report transfers subject to the federal gift and certain generation-skipping transfer (GST) taxes and to figure the tax due on those transfers, if any.
May 25, 2011
IRS: Recession Halved Life Insurer Net IncomeLife insurers reported only $16 billion in total net income to the Internal Revenue Service in their 2008 returns, down about 55% from the total reported on the 2007 returns.
May 20, 2011
10 Ways the IRS Can Help You Do Your JobThe IRS 2011 Nationwide Tax Forums this summer--designed for CPAs and CFPs-- will travel to Atlanta, Orlando, Dallas, San Jose, Las Vegas and D.C.
May 19, 2011
GOP Demands IRS, Obama Records on Political Donor Tax EnforcementFinance Committee members cite First Amendment rights in protecting nonprofits that primarily support political organizations, and the Republican Senators also requested records of conversations and correspondence from President Obama.
May 17, 2011
IRS Offers Tax Relief for Tornado Stricken AreasDeadline to file tax returns extended; clarity on declaring P&C losses