American Institute of Certified Public Accountants Offers Comments to Treasury, IRS on Foreign Bank Account Report Guidance
May 18, 2010 in Daily Tax Report · Leave a Comment
The American Institute of Certified Public Accountants May 17 unveiled comments on requirements for taxpayers required to file the Report of Foreign Bank Account (FBAR) …
IRS Outlines Favorable Tax Treatment of Health Coverage for Children Under Age 27 Under Recent Changes
April 28, 2010 in Daily Tax Report · Leave a Comment
The Internal Revenue Service April 27 issued Notice 2010-38 on the tax treatment of health care coverage for an employee’s adult children as provided in recent law changes, announcing…
Government Provides Targeted Guidance, Proposes Rules on Report on Foreign Bank Account Requirements
March 1, 2010 in Daily Tax Report · Leave a Comment
IRS unveils targeted guidance that practitioners say will provide significant relief for taxpayers required to file the Report of Foreign Bank Account, on the heels of…
IRS Officials, Stakeholders Discuss Range of Issues on Expatriation, Foreign Trusts
January 20, 2010 in Daily Tax Report · Leave a Comment
Internal Revenue Service officials and private sector stakeholders Jan. 19 discussed a broad range of international issues related to expatriation…
Obama Seeks Union Support for Excise Tax on High-End ‘Cadillac’ Health Benefit Plans
January 12, 2010 in Daily Tax Report · Leave a Comment
President Obama Jan. 11 attempted to persuade union leaders to back the Senate-passed tax on high-end health insurance plans to help pay for health care reform.
Obama met with labor leaders in an effort to…
