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acceptable to the Internal Revenue Service
More taxes will come due as more shares are sold beginning in December and well into 2013 after the traditional 180-day post-IPO 'lock-up' period expires and employees can sell even more shares, resulting in new capital gains taxes to California - and the IRS ( Internal Revenue Service) - with each new stock sale
The overall complexity of this deal is much simpler. There's no [Internal Revenue Service] risk, there's no complications with regards to the identification of assetsMore quotes »
Newsday's coverage
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IRS e-file glitches trigger refund delays
U.S. Internal Revenue Service 's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.In an issue that could draw congressional scrutiny, the Read more »
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IRS battling conservatives over tax-exempt status
-- The Internal Revenue Service is embroiled in battles with tea party and other conservative groups who claim the government is purposely frustrating their attempts to gain tax-exempt status.The fight features instances in which the IRS has asked for voluminous Read more »
Around the web
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Fine print trips up Sacramento couple's $18.5 million tax deduction for charity
requirement, a Sacramento couple have forfeited an $18.5 million tax deduction stemming from a charitable donation. The Internal Revenue Service denied the deduction claimed by real estate developer Joseph Mohamed Sr. and his wife, Shirley, who gave away millions 3:07 AM from Sacramento Bee Read more »
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Action Line: Federal student loan application made easier
Internal Revenue Service has helped minimize the time it takes to complete the "Free application for federal student aid" form by automating access to federal tax returns with the "IRS Data Retrieval Tool," said agency spokesman David Stell. This tool provides 2:46 AM from Tulsa World Read more »
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US prosecutor in Swiss tax probe to exit
penetrated "the decades-old wall of Swiss bank secrecy." Scrutiny of Swiss banks by the Justice Department and the Internal Revenue Service has intensified. Eleven banks, including Credit Suisse AG, are under criminal investigation. Dozens of Swiss private 5/31/12 from Reuters Africa Read more »
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Ex-Ford manager gets prison for kickbacks
Motor Co. plant has been sentenced to more than four years in prison and must pay $927,000 in restitution to the Internal Revenue Service for evading taxes on more than $2 million in kickbacks. The sentence was handed down Thursday for 55-year-old John Perry 5/31/12 from Belleville News-Democrat Read more »
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The $1 million tax rate threshold's possible fiscal and political costs
need a tax record keeping system for your 2012 taxes, as well a filing system for your 2011 return material in case the Internal Revenue Service has questions. May 8: Those tax records you just organized will let you know whether you need to adjust your withholding. 5/31/12 from Dont Mess With Taxes Read more »