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...secretive even his receptionist hasn’t heard of him (Daily Mail) — How cheap, outsourced labour in Africa is shaping AI English (The Guardian) — Bronx tax preparer known as ‘the Magician’ charged by IRS...
...The software company said on Wednesday that it had received notices from the IRS seeking to adjust its tax liability for the decade between 2004-13....
...“Personal use of corporate jets and other aircraft by executives and others have tax implications, and it’s a complex area where IRS work has been stretched thin,” IRS commissioner Danny Werfel said in a...
...The IRS alleges the crypto group owes $24bn in unpaid taxes....
...While we’re on the subject of the IRS, the tax agency was blasted by bankrupt exchange FTX this week for chasing billions of dollars in tax liabilities from the collapsed trading venue....
...Thanks to the Inflation Reduction Act of 2022, the IRS is flush with cash to spend on enforcement....
...In 2019, a US appeals court sided with Amazon in a similar transfer pricing case brought by the IRS....
...The IRS said it had not given the issue close scrutiny for about 10 years because it had lacked the resources to do so, but that had changed after the Inflation Reduction Act of 2022 allocated $80bn to the...
...The IRS said it would forgo penalty payments from individuals, businesses and non-profits, most of whom earned less than $100,000 annually from the 2020 and 2021 fiscal years....
...“No one wants to insure a risk that has been targeted by the IRS as potentially abusive,” said McTigue....
Also in today’s newsletter, Scalise wins Republican nomination for Speaker and IRS demands $28.9bn in back taxes from Microsoft
...To what extent will the IRS reduce carbon emissions?...
...The IRS has lacked the resources to investigate those with armies of lawyers and accountants on their payroll — the super-rich. Funding the IRS is the law-abiding and fiscally conservative thing to do....
...The $80bn in the Inflation Reduction Act for the IRS is not spending, it is investment....
...: “Nearly nine in 10 companies across the sector feel the market environment for private medical insurance-funded services is ‘very positive’ or ‘positive’ so independent providers are upbeat about the[ir...
...Ratings revision had the highest IR and lowest volatility....
...Investors who sell their existing holdings may find it easier to reinvest in ETFs to avoid “wash sale” complications, where the IRS bans investors from selling investments to realise a loss and then buying...
...Follow Simon @KuperSimon and email him at simon.kuper@ft.com Follow @FTMag to find out about our latest stories first Letter in response to this article: IRS is right to avoid allure of unworkable tax...
...In the event, Biden restricted the IRS funding cut to $1.8bn, which is a fraction of its modernisation budget....
...“While we need more women in senior positions, we do have women in some of our most senior roles including our general counsel, our controller, our head of strategy and IR [investor relations] and proven...
...Including other fees and waivers, the mutual fund’s Class IR shares cost 25 bps, and its institutional shares and Class A shares cost 35 bps....
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