Irs Rules News Today

Last year – the IRS announced it would be shaking up the rules for third-party payment platforms.

Last year – the IRS announced it would be shaking up the rules for third-party payment platforms.

Accounting & Data Firm Introduces ERC Claim Review Service to Help Small Businesses Prepare for Possibility of Audit, Avoid Penalties...

Street journal" poll said they think obamacare is a bad idea now. >> joe, new rules issued on thursday by the administration are also telling because they delay some of the implementation of obamacare. >> they say the insurers are supposed to backdate coverage to january 1st whenever they figure out maybe somebody is enrolled in that plan or when that beneficiary happens to pay. it tells the insurers to treat out of network doctors as in-network doctors for the time being and threatens to kick t...

Well, if you thought irs targeting was a thing of the past, think again. we learned this summer that the agency singled out tea party groups applying for tax exempt status for extra scrutiny. an now it looks like they are at it again. attempting to further restrict the political speech of conservatives with new regulations. kim strassel has details. you wrote in your column about the new irs regulations she issued which will focus on nonprofit groups, so-called social welfare groups that are sup...

Group under 501c-4 status. the administration came out and said it was necessary and useful because it would clarify what was a confusing rule. we found out house ways and means investigators are now comparing this rule to all of those tax exempt applications from tea party groups that were targeted in the first round. what theyre discovering is this rule looks like it was reverse engineered. meaning it appears treasury has taken all those activities that these tea party groups were set up to do...

Corporations exposed so that they can then harass and intimidate them with campaigns saying we wont boycott -- we will boycott your product if you support these groups. theyre afraid that all this money is going to come in and tip the balance against their politics, and so theyre going to intimidate these people out of politics with irs rules and with disclosure. >> joe, the president in particular, hes changing his tune, the tone of his reaction to the irs scandal now from when it was first ann...

That says, a, this is allowed, b, this isnt. what about that? >> one of the reasons that these rules are a bit ambiguous is because who is to say what is social welfare, paul? a lot of these tea party groups, for instance, were set up because they wanted to educate americans about the problems of big debt. okay. is that not social welfare? really, is it for the irs to claim that its not? another aspect of of this is these rules were designed only to apply to groups acting as social welfare. if y...

If you thought irs targeting was a thing of the past, think again. we learned this summer that the agency singled out tea party groups applying for tax exempt status for extra scrutiny. now it looks like they are at it again. attempting to further restrict the political speech of conservatives with new regulations. kim straussal has details. so, kim, you wrote in your column this week about these new irs regulations which theyve issued which will focus on so-called 501-c-4 nonprofit groups, that...