Internal Revenue Service

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Amazon Just Won a $1.5 Billion Tax Fight

24/03/2017(0)
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert ... Read More
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Bitcoin At Tax Time: What You Need To Know About Trading, Tipping, Mining And More

17/12/2015(0)
If you have come into possession of Bitcoin or any other digital currency such as Ripple or Litecoin that is “convertible” to a real currency or can be used ... Read More
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IRS Responding To Return Fraud Concerns

04/06/2015(0)
The US Internal Revenue Service has made improvements to its systems to detect and prevent identity theft-related tax return fraud, but must do a lot more to eliminate the ... Read More
IRS-building

Breach at IRS Exposes Tax Returns

27/05/2015(0)
Thieves used agency’s online services to get information for about 100,000 households The Internal Revenue Service said Tuesday that identity thieves used one of its online services to obtain ... Read More
IRS

IRS Makes it Easier for Small Businesses to Apply Repair Regulations to 2014 and Future Years

16/02/2015(0)
The Internal Revenue Service today made it easier for small business owners to comply with the final tangible property regulations. Requested by many small businesses and tax professionals, the ... Read More
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How a $5,000 IRA Can Grow to $196 Million in Six Years: GAO

21/11/2014(0)
Individual retirement accounts were created to help ordinary Americans build a nest egg for later life. But the IRA has also enabled some affluent investors to accumulate multimillion-dollar tax-sheltered ... Read More
tax probe

Jury acquits ex-Swiss banker in tax-dodging case

04/11/2014(0)
Raoul Weil acquitted of charges he helped wealthy Americans to hide $20B from the IRS. A federal jury acquitted a former top Swiss banking executive of U.S. charges that ... Read More
tax

American taxpayers abandon U.S. before register to FATCA

11/08/2014(0)
The U.S. Treasury Department has published indicative numbers illustrating the number of 1 577 United States taxpayers giving up their passports or their green cards in the first half ... Read More
law

Offshore Tax Crackdown Opens With 30% Penalties for Banks

30/06/2014(0)
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to ... Read More
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