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Internal Revenue Service

A collection of news and information related to Internal Revenue Service published by this site and its partners.

Top Internal Revenue Service Articles

Displaying items 23-33
  • Top U.S. lawmaker wants corporate tax loophole 'plugged now'

    Top U.S. lawmaker wants corporate tax loophole 'plugged now'
    WASHINGTON (Reuters) - Immediate government action is needed to plug a loophole that allows U.S. corporations to avoid federal taxes by shifting their tax domiciles overseas through deals known as inversions, the head of the U.S. Senate Finance...
  • White House says health care tax credits to continue for now

    WASHINGTON President Barack Obama on Tuesday sought to downplay dueling court rulings over the validity of a key provision of the Affordable Care Act, but Republicans on Capitol Hill seized on the latest news as another reason the federal health care...
  • Banks trade barbs with U.S. Senate panel in tax avoidance probe

    WASHINGTON (Reuters) - Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes. Renaissance Technologies, a hedge fund, defended the so-...
  • Q&A on health care law rulings

    WASHINGTON Contrary rulings Tuesday on a key element of the Affordable Care Act by two separate federal appeals courts raise a variety of questions. Q. What happened? A. The U.S. Court of Appeals for the District of Columbia Circuit decided 2-1 that tax...
  • Partnership agreement requires documentation

    Q: I have a condo and have paid about 50 percent of the mortgage. My sister has offered to pay off my mortgage, but if she does, I want to put her on the title as co-owner. We have discussed different scenarios (for example, what happens if I get...
  • Administration can't afford to lose on Obamacare subsidies

     Administration can't afford to lose on Obamacare subsidies
    A federal appeals court in the District of Columbia shocked supporters of the 2010 healthcare law Tuesday by ruling that millions of Americans would no longer be eligible for health insurance subsidies. Shortly thereafter, a panel at the U.S. 4th...
  • Appeals courts split on health law subsidies

    Two federal court rulings Tuesday reached opposite conclusions about the legality of subsidies used to offset the cost of Affordable Care Act health coverage in the latest battle over the politically polarizing health-care law. Whichever ruling holds...
  • Obamacare subsidies lead two courts to battle over law's meaning

    Well, that certainly clears things up. Hours after a federal appeals court ruled Tuesday that the 2010 healthcare law provided insurance subsidies only to people living in 14 states, another appeals panel reached exactly the opposite conclusion in a...
  • South Florida colleges offer freebies

    South Florida colleges offer freebies
    College isn't just a place to get an education. It also can be a place to get a great deal. South Florida's colleges and universities offer many freebies and deeply discounted services, including classes, cultural events and gourmet meals. Here are...
  • D.C. court ruling deals new blow to Affordable Care Act

    D.C. court ruling deals new blow to Affordable Care Act
    President Obama's healthcare law was dealt a new blow Tuesday as a federal appeals court ruled that due to a wording glitch in the Affordable Care Act, some low- and middle-income residents are not entitled to receive government assistance to subsidize...
  • Separate U.S. appeals court upholds subsidies under Obama health law

    WASHINGTON (Reuters) - The U.S. Court of Appeals for the Fourth Circuit upheld a federal regulations that implemented subsidies that are vital to President Barack Obama's healthcare overhaul, in direct conflict with another ruling on the issue handed down...