ABA calls for expansion of de minimis exception for reportable policy sales
ABA last week offered feedback to the Internal Revenue Service on proposed regulations regarding the application of the transfer for ...
Tag: IRS
IRS releases plan to guide agency transformation
The IRS unveiled a strategic operating plan to guide a proposed transformation of the agency over the next 10 years.
ABA: Make permanent physical presence exemption for spousal consents
The American Bankers Association this week filed a comment letter recommending the adoption of an IRS proposal to make permanent ...
ABA seeks clarity in corporate alternative minimum tax implementation
In a recent letter to the IRS, the American Bankers Association urged the agency to consider clarifications to its proposed ...
ABA responds to IRS guidance on stock buyback excise tax
Responding to initial IRS guidance on the provision for stock buyback excise taxes within last year’s Inflation Reduction Act, ABA ...
ABA welcomes bill to prevent transaction reporting to IRS
ABA this week praised the reintroduction of a Senate bill to prevent the IRS from requiring financial institutions to turn ...
IRS proposes making remote witness procedures permanent
The IRS has issued a proposed rule to make permanent temporary relief from the physical presence requirement for participant elections ...
Treasury issues guidance for comment on stock repurchase excise tax, AMT
The Treasury Department issued initial guidance regarding a new annual excise tax that applies to repurchases of a publicly traded ...
ABA, associations request IRS to make remote notarization permanent
The American Bankers Association along with 17 associations and businesses today sent a joint letter to the IRS requesting that ...
Werfel tapped to lead IRS
President Joe Biden todau announced that he will nominate Danny Werfel to serve as IRS commissioner.
