Tax

Chalk up a win for capital expenditures.

No Silver Lining; $7 million in bogus credits; deducting bribes; and other highlights of recent tax cases.

The solution standardizes workflows between third-party systems (including ERP systems), tax systems and applications that run on the Advantage platform.

The Internal Revenue Service is granting relief to taxpayers who have family coverage under a high deductible health plan and who contribute to a health savings account.

For a government that is trillions of dollars in debt, these numbers add up quickly.

The Internal Revenue Service would be required to hire a chief information officer to overhaul its aging computer systems, under a bill passed last week by the House.

The Internal Revenue Service spelled out new information reporting requirements Thursday for some life insurance contracts required under the recently enacted Tax Cuts and Jobs Act.

They hope to have it in legislative form by the end of the year. But that doesn’t mean it’s going to pass anytime soon.

A group of lawmakers on the House Ways and Means Oversight Subcommittee are asking the Internal Revenue Service’s acting commissioner, David Kautter, to explain why the IRS’s systems crash occurred on Tax Day, April 17.

The tax software will work in conjunction with the suite of procurement and supply chain management solutions.