In 1987 BBC Panorama broadcast an important show on Scientology that is now of great historical value. For example, this excerpt below features Don Larson, a member of Scientology’s infamous finance police. 40 more words
Tags » I.R.S.
WASHINGTON, DC — The Internal Revenue Service and its Security Summit partners issued an alert last week to taxpayers and tax professionals to be on guard against fake emails purporting to contain an IRS tax bill related to the Affordable Care Act. 519 more words
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Getting a letter from the IRS can be a threatening and nerve-racking experience; it seldom is seen as a suggestion and more of a threat. But at President Obama’s direction, the IRS is “reaching out” to people who paid the tax penalty for not buying mandatory…
In a recent private letter ruling (“PLR”), the Internal Revenue Service (“IRS”) determined a tax-exempt public charity did not generate unrelated business taxable income (“UBTI”) through a contractual agreement with a trust when the charity issued units to the trust in exchange for the trust’s assets, made payments on the units, and received payments to cover costs allocable to the management of the trust’s assets. 139 more words