IRS TE/GE commissioner Ripperda plans to retire

Tamera Riperda, the commissioner who runs the Internal Revenue Service’s Tax Exempt and Government Entities division, is retiring on Sept. 30 after 33 years at the IRS. Original Article Posted at : https://www.accountingtoday.com/news/irs-te-ge-commissioner-ripperda-plans-to-retire

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Tax Fraud Blotter: Dirty hat tricks

Uncivil behavior; my client did it; 15 worthless payments; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-dirty-hat-tricks

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Evidence Suggests that Tax Rates Influence Migration Decisions

Individuals respond to taxes by changing their behavior. Hence, when there are tax differences between countries, some might respond by moving to a lower-tax area. For higher-income individuals, the benefits of moving as a result of higher taxes are greater because they have more income or wealth at stake. In a recent article published by…

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Sanders calls for taxing ‘obscene’ wealth gains during crisis

U.S. Senator Bernie Sanders said he will introduce legislation to tax what he called the “obscene wealth gains” from billionaires during the coronavirus crisis. Original Article Posted at : https://www.accountingtoday.com/articles/bernie-sanders-calls-for-taxing-titans-obscene-wealth-gains-during-crisis

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Democrats press for concessions with deadline for deal looming

Democrats are demanding more Republican concessions to meet an end-of-the-week deadline for a deal on pandemic relief, and one of the chief White House negotiators warned there is little time left for negotiations. Original Article Posted at : https://www.accountingtoday.com/articles/democrats-press-for-concessions-with-deadline-for-deal-looming

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IRS processing more $500 child stimulus payments after criticism

The Internal Revenue Service is sending $500 payments to the children of some stimulus relief recipients who hadn’t gotten that part of the aid package after lawmakers complained that the agency wasn’t moving fast enough. Original Article Posted at : https://www.accountingtoday.com/articles/irs-processing-more-500-child-stimulus-payments-after-criticism

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