UnitedHealth Group is contesting an Internal Revenue Service proposal to increase its taxable income over how it priced transactions with one of its foreign subsidiaries, a dispute the company disclosed in a quarterly filing in May and repeated in its August filing. The notices cover transactions between UnitedHealth and a foreign subsidiary from the 2017 through 2020 tax years,…
The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual return that…
The IRS didn’t conduct proper testing for employees suspected of drug use, though evidence of use existed, the agency watchdog said. Federal agencies, under the Drug-Free Workplace Act of 1988, are required to develop a plan to achieve a drug-free workforce. The Treasury Inspector General for Tax Administration found that the Drug-Free Workplace Plan lacked…
If you’re trying to plump up your nest egg or stretch your retirement savings, every dollar you can keep in your pocket counts. To help with that effort, the 2026 tax season arrives with a host of changes that could cut your 2025 tax bill. Read more
