Extending TCJA Tax Cuts Would Cost $3T, Policy Group Finds
According to new analysis by a tax policy think tank, the budget deficit would increase more than $3 trillion over …
Tim Shaw
Tim Shaw covers federal tax developments with Thomson Reuters, including updates from the IRS, legislative news, and compliance matters impacting individuals and businesses.
Previously, Tim wrote about new state laws, regulations, court filings, and government releases at Tax Notes Today State. He also authored the monthly On the Move column tracking personnel changes, appointments, and retirements in the tax community.
Tim is based out of Washington, D.C. and can be reached at tim.shaw@thomsonreuters.com
Posts by this author
Wyden Presses Crypto Exchanges on Customer Protection
In the wake of a high-profile cryptocurrency exchange’s fall from grace, the Senate’s top tax writer is seeking answers from …
FTX Collapse: Expect Loss Deductions, But Not Soon
This article is a collaboration with Ledgible. Taxpayers anticipating investment loss deductions from a crypto giant’s bankruptcy will need to …
IRS to Hire New Wave of Customer Service Reps
The IRS is set to begin using its new funding from the Inflation Reduction Act (PL 117-169) to onboard hundreds …
Latest Crypto Exchange Bankruptcy Spurs Tax Confusion
As another major cryptocurrency trading platform succumbs to market instability and files for bankruptcy in what has been a cataclysmic …
Automated Collection Notices to Phase Back In, Taxpayer Advocate Says
Temporarily suspended mailings of automated collection notices will resume on a staggered basis to spare IRS customer service representatives and …
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IRS Releases Draft of Schedule R of Annual Return for Agricultural Employees
The IRS has released the 2022 draft of Schedule R for Form 943 (Employer’s Annual Federal Tax Return for Agricultural Employees). Schedule …
House Panel to Weigh Bill Seeking Exclusion of Russian Officials from IOSCO, FSB
The House Financial Services Committee is slated to vote as early as March 17, 2022, on a slate of bills …
SEC Adopts Dodd-Frank Executive Compensation Clawback Rules
The Securities and Exchange Commission on Oct. 26, 2022, voted 3 to 2 to finalize so-called clawback rules that direct …