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Highly paid college sports coaches and hospital executives are among the nonprofit employees the Internal Revenue Service is targeting in the final version of a tax-law regulation.
By Laura Davison and Samuel McQuillanJanuary 12 -
The Internal Revenue Service issued guidelines Wednesday scaling back a tax break for client entertainment, following through on an element of President Donald Trump’s 2017 tax overhaul that he has said he wants to reverse amid the virus pandemic.
By Laura Davison and Samuel McQuillanOctober 2 -
Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry.
By Allyson Versprille and Samuel McQuillanAugust 14 -
The service issued guidance that levies a 21 percent excise tax on some nonprofit employees’ salaries above $1 million.
By Samuel McQuillan and Laura DavisonJune 8