Brief history of 162(m) and the 2021 amendments Section 162(m) was first added to the Internal Revenue Code in 1993 and generally denies publicly held corporations a federal income tax deduction ...

Section 162(m) of the Internal Revenue Code prohibits a publicly held corporation from taking compensation-related tax deductions with respect to ...

Reconsidering its earlier holding in the case, the court again held the IRS lacks statutory authority to assess the penalties for failing to file information returns disclosing ownership in foreign ...

Tax-exempt organizations with UBTI must pay corporate or trust tax rates. The Internal Revenue Code (IRC) Section 501 grants tax-exempt status to a variety of tax-exempt and mutually beneficial ...

As we just heard, Elon Musk's Department of Government Efficiency group is seeking access to data systems within the Internal Revenue ... So, Section 7217 of the code says the executive cannot ...

It’s a standard, cheap compass that’s sold in the sporting goods section of every outdoor store ... you may need to input a location code to the radio to start receiving SAME broadcasts.

The fate of the IRS Direct File program is unclear as Elon Musk and the Department of Government Efficiency cleave their way ...

Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.

Although the QTIP trust can be beneficial, it can come at a significant tax cost. This is because the assets remaining in the ...

Courts are wont to say that Section 2116 of the California Corporations Code codifies the internal affairs doctrine. See ...

The Internal Revenue Commission was hit two weeks ago but is yet to advise the public, only saying there has been a "system outage" that has affected its network. The ABC understands Australia ...