Articles

image
Google lowered 2015 taxes by $3.6 bn using ‘Dutch Sandwich’
Alphabet Inc.’s Google saved $3.6 billion in worldwide taxes in 2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal. Read More.
image
IRS Agents Rented Million-Dollar Townhomes, Spent Hundreds of Nights in Luxury Hotels Last Year
Taxpayers paid for “excessive and inappropriate” lodging and travel costs, including for one employee who managed to travel 381 days of the year. Read More.
image
Hatch report finds ‘troubling’ IRS spending on long-term travel
More than two dozen IRS employees traveled for more than half of fiscal 2015, incurring total costs of more than $1.4 million, according to a report from the staff of Senate Finance Committee Chairman Orrin Hatch (R-Utah). Read More.
image
Coinbase Customer Files Motion To Block IRS From Accessing User Info
The “John Doe” summons seeks to identify all United States Coinbase customers who transferred convertible virtual currency from 2013 to 2015. Read More.
image
House Republicans accelerate efforts on tax reform bill
Republicans in the U.S. House of Representatives are accelerating efforts to craft a sweeping tax reform bill for 2017 and looking at ways to smooth the transition to a new tax system for some businesses, the House Republican tax chief said on Wednesday. Read More.
image
House Republicans derail impeachment effort against IRS commissioner
​Republican leaders managed to derail impeachment of IRS Commissioner John Koskinen on Tuesday, forcing the debate back to a committee for more study, where it will die when Congress adjourns at the end of this year. Read More.
image
Americans Are Paying Apple Millions To Shelter Overseas Profits, Thanks To I.R.C. § 956(c)(2)
​Over the years, Apple Inc. has become the poster child for U.S. multinationals accused of sheltering overseas profits to avoid the IRS. What’s gone largely unnoticed is that it’s been paid more than half a billion dollars by the U.S. government to do just that. Read More.
image
Ho! Ho! Oh no! IRS warns people that their refunds could be delayed as holidays approach
Attention holiday shoppers: You might not be able to count on receiving a federal tax refund in January to pay for those gift bills. Read More.
image
The IRS Scandal, Day 1302: The ‘Corrupt’ IRS Is Still Persecuting The Tea Party
A “corrupt” Internal Revenue Service still is shooting down advocates for conservative causes, especially if they have the words “tea party” in their names, even though courts have told the bureaucrats to stop. Read More.
image
IRS extends deadline for mailing 1095 forms
IRS Notice N-2016-70 has extended the deadline for mailing the 2016 reporting year 1095 Forms from January 31st, 2017 to March 2nd, 2017. Read More.
image
Trump faces potential decision on IRS
President-elect Donald Trump could face a decision that may affect whether his tax returns will continue to be audited throughout his four-year term of office. Read More.
image
Court Allows IRS John Doe Summons For Bitcoin, Other Virtual Currencies
​A federal court in the Northern District of California has entered an order authorizing the IRS to serve a John Doe summons on Coinbase Inc. Read More.
image
Trump urged to reopen criminal probe of IRS
Judicial Watch: Agency ‘knew about abuses years before they were exposed’ Read More.
image
Trump’s Team Discussing Tax Overhaul With House, Brady Says
House Republicans are talking with President-elect Donald Trump’s transition team about how to fashion the biggest U.S. tax overhaul in three decades, the chairman of the House Ways and Means Committee says. Read More.

Get latest news delivered daily!

We will send you breaking news right to your inbox