Bank Secrecy Act filings used in most IRS-CI financial crime investigations
Bank Secrecy Act filings have been used in nearly every financial crime investigation conducted by IRS Criminal Investigation, “underscoring the ...
Tag: IRS
ABA testifies on improving auto loan tax deduction implementation
Banks will be pivotal for the success of a new tax deduction for certain automobile purchases, so the IRS should ...
Housing coalition endorses ABA recommendations for easing corporate alternative minimum tax burden
An association representing housing professionals expressed strong support for two ABA recommendations on how to reduce the compliance burden of ...
ABA recommends changes to proposed car loan interest tax deduction regulations
ABA is recommending that the IRS make several changes to its proposed regulations to implement a new tax deduction for ...
ABA offers recommendations for easing corporate alternative minimum tax burden
ABA suggested regulators make two changes to the rules implementing the corporate alternative minimum tax to reduce the compliance burden ...
ABA offers recommendations for implementation of new ag lender tax benefit
ABA offered several recommendations for how the IRS should implement a new tax benefit for lenders serving rural and agricultural ...
IRS issues guidance for ‘Trump Accounts’ for children
The IRS and Treasury Department have published guidance and announced plans to issue regulations for “Trump Accounts,” which are a ...
Senate-approved IRS reform addresses math, clerical error procedures
The Senate passed legislation requiring the IRS to provide taxpayers with details on notices related to a math or clerical ...
IRS strikes funding rule from new tax on stock repurchases
The IRS has removed a controversial rule in a new regulation implementing a 1% excise tax on certain types of ...
IRS releases interim guidance on ACRE Act tax benefit
The IRS issued interim guidance for a new tax benefit for lenders serving rural and agricultural communities, which was included ...
