News

The IRS has released a notice withdrawing certain notices of proposed rulemaking containing proposed regulations on the treatment of built-in items of income, gain, deduction, and loss, taken into ...
The agency estimates that it would receive roughly 43 million paper tax returns and 19 million paper information returns in ...
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
The IRS said Tuesday that it expects to issue a revised notice of proposed rulemaking after it studies the issues addressed in the 2019 proposed regulations.
The US Tax Court shouldn’t have dismissed a case without a stronger test of the IRS’ responsibilities to contact taxpayers about deficiencies, a partnership told the First Circuit.
This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...
Early guidance for the new Sec. 45Z clean fuel production credit raises concerns regarding the eligibility of fuel sales to wholesalers.
The Social Security Administration (SSA) has issued a stern warning to Americans about the consequences of ignoring IRS ...