Wednesday, February 8, 2012

GAO Recommends Easing Tax Compliance Requirements for Nonresident Aliens

May 18, 2010 in Daily Tax Report · Leave a Comment 

The federal government could get a better hold on tax compliance for nonresident aliens working in the United States by easing some of its requirements, raising the exemption threshold on U.S.-earned income…

Taxpayers Offering to Participate in IRS Transfer Pricing Initiative, IRS Official Says

May 13, 2010 in Daily Tax Report · Leave a Comment 

Taxpayers have been stepping forward to participate in the Internal Revenue Service’s new transfer pricing initiative within the Large and…

IRS Counsel Says Information Reporting Regimes Will Alter Tax Administration

May 10, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service’s “enhanced information reporting” initiatives coupled with the onset of tax return preparer regulations will transform aspects of tax administration…

Bipartisan House Vote Sends Bill Changing Cell Phone Taxation to Senate

April 15, 2010 in Daily Tax Report · Leave a Comment 

The House April 14 passed a taxpayer assistance bill (H.R. 4994), sending the Senate a measure that would remove cell phones from listed property under tax code Section 280F, thereby eliminating…

IRS Commissioner Promises More Guidance to Aid Uncertain Tax Position Reporting

April 13, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service plans to issue more guidance in its pursuit of more transparency on uncertain tax positions, Commissioner Douglas Shulman said…

Tax Professionals Discuss Implementation of Health Care, Reconciliation Measures

March 24, 2010 in Daily Tax Report · Leave a Comment 

Tax professionals March 23 outlined a number of questions and concerns raised by implementing health care overhaul legislation in a series of interviews with BNA…

IRS’s Information Security Weaknesses Jeopardize Financial Data, GAO Reports

March 22, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service had a material weakness in internal controls over financial reporting related to information security in fiscal year 2009, the Government Accountability Office said in a…

ANALYSIS: Tax Administration Without Borders: Navigating the Changing Global Tax Controversy and Risk Management Landscape

February 22, 2010 in Daily Tax Report · Leave a Comment 

Mark Weinberger, Bob Brown, and Deborah Nolan write that tax policy and tax administration are undergoing monumental changes, with more on the horizon…