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IRSAC seeks nominations, establishes 'fairness' subcommittee

IRSAC seeks nominations, establishes 'fairness' subcommittee
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

Washington
United-states
Taxpayer-services
Large-business-international
Subcommittee-on-fairness-in-tax-administration
Treasury-advisory-committee-on-racial-equity
Revenue-service-advisory-council
Tax-administration
Advisory-committee
Racial-equity
Information-reporting

High-stakes Game: IRS 'goes on the Offense' Against Sports Industry Partnership Losses | Morgan Lewis

Sports industry partnerships are now on notice that the Internal Revenue Service (IRS) is initiating specialized, issue-based BBA partnership examinations focusing on their income and...

United-states
Morgan-lewis
Large-partnership-compliance
Global-high-wealth-program
Global-high-wealth-program-considerations
Large-business-international
Revenue-service
Internal-revenue-service
Sports-industry-losses
Reduction-act
Strategic-operating-plan
Large-business

IRS Amps Up Enforcement on the Wealthy

The IRS isn’t playing around; neither should your clients. Look to legal and ethical ways to reduce tax burdens.

United-states
Willie-sutton
Danny-werfel
Treasury-department
Bank-secrecy
Large-business-international
Tax-court
Revenue-service
Facebook
Foreign-bank-account-reporting
Wealth-group
Internal-revenue-service

IRS Advisory Council Issues Report with Recommendations on Agency Changes

IRS Advisory Council Issues Report with Recommendations on Agency Changes
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T-charles-parr
Seth-poloner
Sharon-brown
Luis-parra
Kathryn-tracy
Danny-werfel
Nancy-ruoff
Steven-klitzner
Paul-sterbenz
Phillip-poirier
Jeremiah-coder
Martin-armstrong

IRS Tax Enforcement Focuses on Large Partnerships

IRS Tax Enforcement Focuses on Large Partnerships
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Texas
United-states
Florida
John-doe
Daniel-werfel
High-balance-due-taxpayer-field-initiative
Virtual-currency-compliance-campaign
Revenue-service
Expansion-of-the-large-partnership-compliance-program
Large-business-international
Issuance-of-partnership-compliance-letters
Internal-revenue-service

IRS wants to improve dispute resolution

IRS wants to improve dispute resolution
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Andy-keyso
Government-entities-division
Office-of-appeals
Revenue-service
Bloomberg
Large-business-international
Internal-revenue-service
Independent-office
Track-settlement
Large-business
Small-business
Self-employed

IRS Seeks Advice on How It Can Improve Dispute Resolution Programs

IRS Seeks Advice on How It Can Improve Dispute Resolution Programs
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Large-business-international
Office-of-appeals
Fast-track-settlement
Large-business
Small-business
Self-employed
Tax-exempt
Government-entities
Track-mediation
Appeals-process
Appeals-mediation

IRS Invites Public Input On Ways to Improve Dispute Resolution Programs

IRS Invites Public Input On Ways to Improve Dispute Resolution Programs
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Andy-keyso
Fund-recovery-penalties
Government-entities-division
Large-business-international
Revenue-service-on
Office-of-appeals
Internal-revenue-service
Independent-office
Inflation-reduction-act-strategic-operating-plan
Track-settlement
Large-business
Small-business

Underutilisation of ADR programmes harms tax administration in the US

Mark Martin and Thomas Bettge of KPMG in the US discuss IRS alternative dispute resolution (ADR) and prevention programmes and how their underutilisation impedes effective tax administration.

Office-of-appeals
Large-business-international
Government-accountability-office
Accelerated-issue-resolution
Rapid-appeals-process
Delegation-order
Fast-track-settlement
Fast-track

IRS Denies Deductibility Of Sell-Side Advisory Fees - Shareholders

In Private Letter Ruling 202308010 (PLR 20230810), the Internal Revenue Service (IRS) determined that a contingent sell-side advisory fee (the Fee) was incurred by the private equity fund majority seller...

Revenue-service
Large-business-international
Private-letter-ruling
Revenue-procedure
Treasury-regulation-section
Regulations-section
Selling-shareholders
Large-business
Success-based-fees
Covered-transaction
Mondaq

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