The Internal Revenue Service has issued final regulations offering guidance on the penalty for failing to include information that’s supposed to be disclosed about reportable transactions and how to ...
The University recognizes that Reportable Outside Activities can in many circumstances offer important opportunities for employees to expand their professional horizons, provide valuable public ...
On Friday, April 11, 2025, the Internal Revenue Service issued Notice 2025-24 (the “Notice”), which waives applicable penalties under the Internal Revenue Code to participants in, and material ...
The Internal Revenue Service has issued a revenue procedure that said certain losses do not need to be taken into account in determining whether a transaction is considered a “reportable transaction.” ...
In accordance with Purdue University’s policy on Conflicts of Commitment and Reportable Outside Activities (III.B.1), no employee may engage in a Reportable Outside Activity until: 1) The employee has ...
A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 ...