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  1. 3 hours ago · As related in that article, the IRS assessed Clark with $11 million in penalties, Clark paid a little over $1.7 million in penalties, and then Clark filed a refund lawsuit against the IRS in the U ...

  2. 11 hours ago · May 20, 2024, 5:23 PM UTC. Senior Center Stops IRS Bid to Resurrect $20 Million Adjustment. By John Woolley. John Woolley. Reporter. IRS said facility owed more up front taxes on entrance fees. Tax Court, business called adjustment an abuse of discretion. The IRS can’t adjust a California senior care facility’s income upward by $20 million ...

  3. 5 hours ago · MILWAUKEE —. A month past Tax Day most people already have their refunds. But not 800 people who had their taxes done at the Social Development Commission in Milwaukee County. The social service ...

  4. 5 hours ago · Zucman proposes an annual levy of 2 per cent of the wealth of the world’s roughly 3,000 billionaires. It is not quite a wealth tax as much as a hybrid between a wealth and income tax, premised ...

  5. 5 hours ago · Form 61A is not merely a bureaucratic requirement; it is a cornerstone of the Indian taxation system designed to promote financial transparency and curb tax evasion. At its core, Form 61A serves as a conduit through which certain specified persons are obligated to report high-value financial transactions to the Income Tax Department.

  6. 5 hours ago · 20 May 2024, 9:41 pm. Recently, the Income Tax Department said that it has added a new feature to the Annual Information Statement (AIS Form) Form. Through this new feature, taxpayers will be able to see the status of the information verification process. This means that they will know the status of any transaction after their comment.

  7. 1 day ago · ISLAMABAD: The Pakistani government on Monday sought a “viable business plan” for two state-owned broadcasting corporations, the Finance Division said, amid the South Asian country’s push ...

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