IRS Veteran O’Donnell Is Named Agency’s Acting Commissioner
Douglas O’Donnell has been designated acting commissioner of the IRS and will succeed Commissioner Chuck Rettig when Rettig’s term ends …
Joseph Boris
Joseph Boris covers federal tax news for Thomson Reuters, focusing on developments out of U.S. courts, the IRS, the Treasury Department and Congress, as well as the intersection of U.S. tax policy and multilateral institutions.
Previously Joseph worked for Law360, Dow Jones Newswires and United Press International, writing about business, international tax policy and U.S. foreign policy.
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Nonprofits Seek Updated Standard for Energy-Efficient Building Deduction
Four nonprofit organizations have asked the Treasury Department to update the standard used by builders in claiming a tax deduction …
Supreme Court Asked to Resolve Circuit Split Over Easement Reg
A partnership has petitioned the U.S. Supreme Court to review a Sixth Circuit ruling that a conservation easement regulation complies …
Transparency Groups, Tax Pros Differ on Impact of Ownership Reporting Rules
Tax transparency advocates welcomed recently issued final regulations to require companies operating in the U.S. to disclose their beneficial owners, while some …
Tax Court Denies Conservation Appraisers’ Bid for Criminal Immunity
The U.S. Tax Court denied a Georgia partnership’s motion to immunize from criminal prosecution two appraisers in a dispute over …
No Sign of Unclogging Key IRS Phone Line, Tax Pros Say
The IRS has indicated it’s on the way to clearing a massive, pandemic-caused backlog of unprocessed returns, but tax practitioners …
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Ways and Means Republicans Grill Treasury Secretary Over Biden’s Budget
In a combative hearing, Republican majority members of the House Ways and Means Committee lambasted President Biden’s 2024 budget and …
Grassley Bill Would Help Offset Inflation’s Impact on Some Tax Benefits
Senate Finance Committee member Charles Grassley, Republican of Iowa, has introduced legislation that would index certain tax benefits to adjust …
Chief Counsel Discusses Automatic Revocation of Exemption and Notification Requirement
In a legal advice, the IRS’s Chief Counsel has addressed Whether the automatic revocation of exemption provisions apply to exempt …