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The Internal Revenue Service is coming under fire in Congress again, this time for lax oversight of fraudulent charities that applied for tax-exempt status and received approval.
July 22 -
An excise tax for small and midsized producers beginning at 5% would be imposed on cannabis products and gradually increase to 12.5%.
July 22 -
Commissioner Rettig unveils the agency's strategic goals for the next five years.
July 20 -
Ireland was one of a few hold-outs before the agreement and sought assurances of U.S. support from Treasury Secretary Janet Yellen.
July 20 -
Clients should know about Identity Protection Personal Information Numbers to safeguard against data theft.
July 19 -
The best referral sources are existing clients, unless they aren't pleased.
July 18
Withum -
The West Virginia senator's stand damages the outlook for an agreement to reshape the way multinational corporations are taxed around the world.
July 18 -
Assets in a trust would be available to satisfy judgments, and tax liens that arose after the Trump advisor’s taxes were assessed.
July 18 -
The West Virginia Democrat told Senate Majority Leader Chuck Schumer he wouldn’t agree to an economic package before an August congressional recess.
July 15 -
Time is running out as Democrats only have until Sept. 30 to use the fast-track budget reconciliation process to pass a bill.
July 15 -
The West Virginia senator said it wouldn’t be “prudent” to act now on climate and tax plans without seeing another month of inflation data first.
July 15 -
The West Virginia senator told Democratic leaders Thursday he would not support new spending on climate measures or tax increases.
July 15 -
A group of Senate Democrats is urging the Internal Revenue Service to extend the filing deadline for people with individual taxpayer identification numbers who have been affected by the massive processing delays at the IRS.
July 14 -
Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.
July 14 -
A Senate plan to expand taxes on some businesses to bolster Medicare raised alarms about inflation, potentially complicating Democrats’ attempt to pass a broad economic package.
July 14 -
The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.
July 14 -
While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.
July 13 -
It is important for strategic advisors to concentrate on the big picture. However, sometimes we need to look closely at the details.
July 11
Withum -
Crunch time has finally arrived for the president's economic agenda as Democrats scramble for a deal on a slimmed-down version of what was once a multi-trillion-dollar overhaul of domestic policy.
July 11 -
Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.
July 11



















