AccountantsWorld Daily News When IRS Can Collect Taxes From You Owed By Someone Else (Forbes) - It seems bad enough that you have to pay your own taxes, let alone someone else's. But it can happen. The IRS sometimes comes after one taxpayer to collect the tax liability of someone else. How is this possible, you might wonder? ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES IRS to Rule on Tax-free Stock Distributions (JofA) - In 2013, the IRS stopped accepting letter ruling requests on various corporate transactions, including the tax consequences of a distribution of stock, or stock and securities... Major Accounting Firm Deloitte Reports Extensive Cybersecurity Breach (Engadget) - It's currently unclear who was behind the attack, but for the past six months, Deloitte has been investigating the breach of its email server, which exposed some five million emails. Along with emails and their sometimes sensitive attachments... The SEC is Hiring More Cybersecurity Help After Breach (Washington Post) - Jay Clayton, the head of the Securities and Exchange Commission, plans to tell a Senate panel Tuesday that he didnât become aware of a 2016 security breach of key agency software until last month when the issue emerged as part of a separate investigation. CFOs Should Help Lead Workforce Transformation (CFO) - Converging trends are pushing companies to consider new workforce models, and CFOs should not stay on the sidelines while HR figures it out. Taxation When IRS Can Collect Taxes From You Owed By Someone Else IRS to Rule on Tax-free Stock Distributions Accounting/Audit Major Accounting Firm Deloitte Reports Extensive Cybersecurity Breach CFOs Should Help Lead Workforce Transformation Business News Dubai Begins Testing Drone Taxi Service Americans still love eating out. So why are restaurants like Chili's, BJ's and Cheesecake Factory struggling? | TOP 5 MOST READ Rules would allow truncated taxpayer IDs on Forms W-2 ASC 606 or 666? Revenue recognition standard could spell trouble for software companies IRS Issues Guidance on Research Credit IRS Creates Jobs And Entertainment Whatâs Next for FASB TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS Shortest Flights in the World | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |