IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

Source: irs.gov

Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud
Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For...
July 14, 2019  |  Cryptocurrency

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design...

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Law Curbs IRS’s Power To Raid SMB Bank Accounts
Law Curbs IRS’s Power To Raid SMB Bank Accounts
July 11, 2019  |  B2B Payments

The Internal Revenue Service will have less power to raid small business bank accounts as the result of new legislation signed into law by President...

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More Corporate Tax Reform Ahead To Combat Global Tax-Dodging
More Corporate Tax Reform Ahead To Combat Global Tax-Dodging
June 03, 2019  |  B2B Payments

Corporate taxes have traveled to the top of organizations’ biggest areas of focus in recent years, largely as a result of U.S. tax reform efforts...

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Lawmakers Want FTC To Investigate H&R Block, TurboTax
Lawmakers Want FTC To Investigate H&R Block, TurboTax
May 05, 2019  |  Taxes

H&R Block and Intuit, the maker of TurboTax software, are facing calls from lawmakers for the Internal Revenue Service to cancel agreements with the companies...

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Medical Equipment Cos Charged In $1.2B Healthcare Fraud
Medical Equipment Cos Charged In $1.2B Healthcare Fraud
April 10, 2019  |  Security & Fraud

U.S. authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted in the nation....

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It’s Tax Season — And Fraudsters Are Feasting
It’s Tax Season — And Fraudsters Are Feasting
March 11, 2019  |  Security & Fraud

One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing...

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Getting Past ‘Standard’ To ‘Fair’: Tech Brings Efficiency To Mileage Reimbursements
Getting Past ‘Standard’ To ‘Fair’: Tech Brings Efficiency To Mileage Reimbursements
February 21, 2019  |  Disbursements

Everyone knows the ritual, one that combines solid numbers and a sense of hope: the reimbursement of mileage driven by workers in service of their...

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AICPA Wants To Exclude Some SMB Tax Shelters
AICPA Wants To Exclude Some SMB Tax Shelters
February 18, 2019  |  B2B Payments

The American Institute of CPAs (AICPA) has asked the Internal Revenue Service (IRS) to exclude some small businesses (SMBs) from being treated as tax shelters....

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Small Business Accountants Lacking Clarity This Tax Season
Small Business Accountants Lacking Clarity This Tax Season
January 11, 2019  |  B2B Payments

Small businesses (SMBs) and their accountants are facing some uncertainties this tax season, with a lack of clarity on new tax laws presenting a challenge...

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