IRS Releases Digital Asset Draft Form
The IRS on April 19 made available an early release draft of the information return for reporting digital asset transactions …
Tim Shaw
Tim Shaw covers developments from the IRS and tax organizations for Thomson Reuters, including issues impacting taxpayer service, compliance, and technology.
Tim previously worked at Tax Analysts on Tax Notes Today State.
He can be reached at tim.shaw@thomsonreuters.com.
Posts by this author
TIGTA: IRS Has Mixed Success With Enforcement of ‘Ghost Employers’
The IRS’ criminal investigation processes for identifying and examining a certain group of noncompliant employers are currently more effective than …
Senate Report: Scam Victims Harmed by Casualty, Theft Loss Deduction Change
The Senate Special Committee on Aging published a report with its findings from an investigation into how the elimination of …
R&D Expert: Capitalization, Amortization Requirement Hurts Smaller Businesses
An unpopular provision of the 2017 tax reform bill that disallows immediate expensing of research and development costs has created …
FCC Starts ‘Spring Cleaning’ by Quashing Fake Tax Relief Robocalls
The Federal Communications Commission’s Enforcement Bureau launched a “Spring Cleaning” initiative to crack down on harmful robocalls and phone scams, …
Complaint Against H&R Block Alleges False Advertising of Free Tax Prep
Two individual H&R Block customers filed a class action lawsuit against the company, claiming the cost of its online tax …
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IRS Announces Tax Relief for Leave Donations to Aid 2023 Hawaii Wildfire Victims
IRS Notice 2023-69 (Sept. 28, 2023) Available at https://www.irs.gov/pub/irs-drop/n-23-69.pdf The IRS has announced special tax relief for leave-based donation programs …
Louisiana Issues Guidance on the Electric and Hybrid Vehicle Road Usage Fee
The Louisiana Department of Revenue has issued a bulletin notifying taxpayers of the road usage fee to be applied to …
DOL Indicates Final Independent Contractor Rule Coming No Later than October
Deborah Tam The U.S. Court of Appeals for the Fifth Circuit recently granted a 120-day delay on further proceedings related to an …