Posts Tagged ‘TIN’
New acting commissioner appointed for the IRS
Danny Werfel, controller of the White House budget office, has been appointed acting commissioner of the IRS by President Barack Obama. Werfel is taking over for Steven Miller, who was forced to resign after evidence came to light showing that the government agency may have been targeting the Tea
IRS report shows agency’s commitment to criminal investigation, prosecution
Data from the IRS Criminal Investigation (CI) unit's Annual Business Report for fiscal year 2012 shows that the government agency is bulking up its offensive on tax evaders. The number of criminal investigations initiated during this time period reached 5,125 cases. Furthermore, 4,937 of
IRPAC: A meeting of minds
Who knew that a piece of legislation concerning soybeans and therapeutic shoes would have such a large impact on tax information reporting? Those were just two of the subjects covered by the Omnibus Budget Reconciliation Act of 1989, a piece of legislation touching on matters as disparate as
IGAs: Agreements on a global scale
If it feels like the world is more of a global village than a collection of separate countries in today's society, that's because it is. The proliferation of information technology, together with an increased awareness of how foreign institutions affect domestic policies, has forever
Website, Twitter feed created for tax reform
Max Baucus, chairman of the Senate Finance Committee, and Dave Camp, chairman of the House Ways and Means Committee, have launched a new website and Twitter feed geared toward tax reform. TaxReform.gov and @simplertaxes are both intended to generate input regarding changes to the U.S. Tax
Senator Rand Paul introduces legislation to repeal parts of FATCA
While the Foreign Account Tax Compliance Act (FATCA) has had its fair share of detractors both within and outside the U.S., new legislation introduced by Senator Rand Paul will likely stir debate regarding the regulations further. Paul, a Republican Senator from Kentucky, has introduced
Agile Development in an Agile Industry
Twelve years ago, 17 software developers retreated to a resort nestled in the Wasatch Mountains of Utah. After three days of discussion, debate and collaboration, they emerged with a software engineering framework that would usher in a new age of development. After decades of struggling to use
Tax challenges, due dates discussed at IRS forum
In a statement made to the IRS's Oversight Board, Lonnie Gary, chair of the Government Relations Committee at the National Association of Enrolled Agents, spotlighted recent challenges for tax information professionals. Gary also addressed discussion regarding real-time document
