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In response to IRS Notice 2016–66, CIC Services, LLC, a firm that assists with the formation and management of captive insurance companies, filed a lawsuit against the IRS and the United States Department of the Treasury seeking to prohibit enforcement of the notice. The company argued that the notice imposed significant reporting ...
Internal Revenue Service (IRS) logo. This is a partial list of allegations of misuse of the United States Internal Revenue Service (IRS), which traces its roots to the creation of the Commissioner of Internal Revenue in 1862. Examples of political profiling controversies include cases in which IRS employees or government officials have ...
“The big firms that you hear, BlackRock, you know, Vanguard, all them, they’re like, they’re setting themselves up for the biggest class-action lawsuit in the history of class-action ...
Private letter rulings (PLRs), in the United States, are written decisions by the Internal Revenue Service (IRS) in response to taxpayer requests for guidance. [1] A letter ruling is "a written statement issued to a taxpayer by an Associate Chief Counsel Office of the Office of Chief Counsel or by the Tax Exempt and Government Entities Division that interprets and applies the tax laws to a ...
In August, the IRS provided the so-called private letter ruling to the unnamed company, stating that they could offer workers more flexibility with their 401(k) accounts. At the beginning of each ...
It names as defendants BlackRock, Inc., State Street Corporation, and Vanguard Group, Inc., which combined manage more th 11 states sue three largest institutional investors for anticompetitive ...
In a May 13 letter obtained by Reuters News under a public records request, BlackRock, the world's largest asset manager, acknowledged to Texas Comptroller Glenn Hegar that it has joined various ...
Melinda Ballard (1958–2013) [1] was an American businesswoman and activist for insurance policyholders. In 1999, she sued her insurer over mold damage in her 22-room family home in Dripping Springs, Texas. Her three-year-old son, Reese Allison, developed an unexplained respiratory condition in March 1999.