A contract with billionaire Peter Thiel?s Palantir Technologies will give the IRS new firepower to pursue tax cheats by connecting the dots in millions of tax filings, bank transactions, phone records, and even social media posts.
In my last article, I introduced you to the Home Office Deduction and recommended it to most small business owners. I mentioned it could be claimed by the following: Small business owners using Schedule C; farmers and ranchers using Schedule F; and partners receiving Form K-1 (1065).I confronted the misconception that claiming this deduction almost guarantees an IRS audit. It does not. I also covered Benefits of the Home Office Deduction (which is tax savings) and its Limitations. I also
KUALA LUMPUR (Nov 9): The 2019 Budget proposal will reinforce Kuala Lumpur?s position as a business, innovation and talent hub for large multinational corporations (MNCs), said InvestKL Chief Executive Officer (CEO) Datuk Zainal Amanshah. Some of the proposed measures would help attract foreign direct investments, including the RM210 million allocation to encourage the transition towards Industry 4.0 (IR 4.0) and steps aimed at upskilling local graduates, he said in a statement today.
Tax practitioners should not expect an Internal Revenue Service virtual currency voluntary disclosure program similar to that offered for undisclosed offshore bank accounts, an agency official said Thursday.
Now?s the time to learn new tricks in the IR profession. That?s according to Marcus Sultzer and Peter Van Heeke of EQS Group. Van Heeke says IROs will soon be expected to extract, interpret and learn from large datasets across various sources ?so that they can make decisions about which investors to meet and which not to meet?. View the full interview from the IR Magazine Global Forum & Awardsin Amsterdam below:
In May 2018, the World Health Organization (WHO) released a startling and sobering update on global air pollution. The new data reveals that approximately 4.2 million deaths each year can be attributed to poor...
As Congress continues to consider ways to modernize and strengthen the IRS? taxpayer authentication procedures, the American Bankers Association joined eight other finance and housing groups in calling for a modern, secure and fully integrated business to government solution for taxpayer authentication.
An outreach group for Monero published a paper highlighting why the anonymous cryptocurrency is designed to help protect people's rights. In a blog post entitled, "Preserving the Fundamental Right to Privacy For All", writer Jack M illustrates the plight of Barrett Brown, "a revolutionary journalist who caught the ire of US Federal Authorities." Monero (XMR), the?
Companies cheered the elimination of the corporate alternative minimum tax, but it hasn?t been all smooth sailing ever since. Corporate America has AMT credits and refunds that are subject to reductions, and it?s fighting these ?sequester? cuts.
LOS ALAMOS, N.M.--(BUSINESS WIRE)--Sep 21, 2018--Jemez Technology introduced the Eagle-i Enterprise? perimeter video surveillance platform for critical infrastructure protection. An extension of the company?s innovative Eagle-i Edge ® software technology, the system provides scalable, best-in-class surveillance capability that has been successfully deployed in government and commercial security environments around the world. It also includes new, patented Scene Synthesis? machine-learning technology for enhanced situational awareness, detection accuracy, and operating range.