Internal Revenue Service | The Washington Mail

How New IRS Rules Could Affect Zelle and CashApp Users

WASHINGTON — This year, Dennis Turbeville, a woodworker in Washington, used the mobile payment service Venmo to sell his wares, collect payments on a...

Trump Paid $1.1 Million in Taxes During Presidency, but $0 in 2020, Report Shows

In his first three years as president, Donald J. Trump paid $1.1 million in federal income taxes before paying no tax as his income...

Biden’s Agenda Hangs in the Balance if Republicans Take Congress

The measure he signed this summer included $370 billion in incentives for electric utilities to increase their reliance on low-emission energy sources like solar...

Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible

After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill,...

Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.

The drug company Perrigo had a problem.Consultants at the giant advisory firm EY had devised an elaborate arrangement that would allow Perrigo, one of...

The Federal Government Subsidizes Abortions. Will That Last?

In the United States, you can get a tax deduction for your abortion if your overall health care expenses are high enough. That didn’t...

Amid Invasion of Ukraine, I.R.S. Aims to Police Oligarch Sanctions

A global game of sanctions cat-and-mouse is now underway. This week, the Financial Crimes Enforcement Network, a Treasury Department bureau, issued a new alert...

I.R.S. Braces for Another Chaotic Tax Season

WASHINGTON — At the Internal Revenue Service’s sprawling Kansas City, Mo., processing center, teams of clerks earning $15 per hour work through the night,...

Fact-Checking Kevin McCarthy’s 8-Hour Speech

Representative Kevin McCarthy, Republican of California and the minority leader, mounted his case against President Biden’s social spending bill in a record-breaking speech that...

Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home

ROME — President Biden and other world leaders endorsed a landmark global agreement on Saturday that seeks to block large corporations from shifting profits...

Biden’s Proposal to Empower I.R.S. Rattles Banks and Their Customers

Jim Reuter, the chief executive of FirstBank near Denver, said concerns about the potential provisions have bubbled up frequently, including over a coffee he...

How Top Accounting Firms Help Their Clients Sidestep Taxes

This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling...

Hedge Fund’s Insiders Agree to Pay as Much as $7 Billion to I.R.S.

The hedge fund pioneer James Simons and some of his former executives at Renaissance Technologies will pay billions of dollars to settle one of...

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Tag: Internal Revenue Service

How New IRS Rules Could Affect Zelle and CashApp Users

Trump Paid $1.1 Million in Taxes During Presidency, but $0 in 2020, Report Shows

Biden’s Agenda Hangs in the Balance if Republicans Take Congress

Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible

Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.

The Federal Government Subsidizes Abortions. Will That Last?

Amid Invasion of Ukraine, I.R.S. Aims to Police Oligarch Sanctions

I.R.S. Braces for Another Chaotic Tax Season

Fact-Checking Kevin McCarthy’s 8-Hour Speech

Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home

Biden’s Proposal to Empower I.R.S. Rattles Banks and Their Customers

How Top Accounting Firms Help Their Clients Sidestep Taxes

Hedge Fund’s Insiders Agree to Pay as Much as $7 Billion to I.R.S.

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