Tag: IRS
Bank Hapoalim fined $904 million over US clients’ tax evasion, FIFA scandal
Israel’s Bank Hapoalim has settled a case brought against it by U.S. authorities for assisting U.S.-based clients to evade taxes and involvement in a bribery affair that shook FIFA, the world soccer federation.
Under the...
Jewish groups seek to minimize tax increase on nonprofits
Providing fringe benefits neither taxable to the employer nor the employee has been a crucial perk that nonprofits, including Jewish synagogues and other institutions, can offer.
But the Tax Cuts and Jobs Act of 2017...
Why everyone should care about the fate of Z Street
Justice was finally done last week for a Jewish activist organization. After nearly eight years of stalling, disingenuous excuses and outright lies, the Internal Revenue Service finally admitted wrongdoing in preventing Z Street —...