McConnell presses for actual consequences in disclosure of tax data thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.
The massive leak of billionaires' tax data has imperiled what support there might have been from Republicans to back President Joe Biden's plan to give more money and authority to the IRS.
Trump-picked IRS commissioner must work with Biden administration washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
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At last week’s ABA May Tax Meeting, government attorneys from both the Internal Revenue Service National Office Income Tax & Accounting division (IT&A) and the Department of the Treasury provided updates to taxpayers and practitioners on the status of guidance projects, and offered clarification regarding certain recent legislative proposals. IT&A leadership acknowledged that while during the onboarding of a new administration the guidance process tends to slow, the Biden Administration came in quickly with experienced leadership, ready to work and “firing on all cylinders.” This alert walks through several of the tax accounting and federal updates the government attorneys provided, insight with respect to future pieces of guidance and legislative proposals, and what taxpayers should anticipate in coming months.
Treasury Secretary s IRS Praise Sparks Backlash From Those Who Must Deal With The Tax Agency forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.