IRS Releases FAQs Explaining Qualified Opportunity Zone Final REGS
Background Code Sec. 1400Z-1, which was added by the Tax Cuts and Jobs Act (TCJA, PL 115-97), addresses the designation …
Background Code Sec. 1400Z-1, which was added by the Tax Cuts and Jobs Act (TCJA, PL 115-97), addresses the designation …
personal The proposed regs also contain new rules for determining the source of income from sales of personal property (including …
The IRS’s Large Business and International (LB&I) division has announced a new compliance campaign targeting self-employed individuals in the U.S. …
In a Chief Counsel Advice, the IRS said that an employer’s cash reimbursement of an employee’s purchase of transit fare …
IRS has updated its adequate disclosure procedure. The procedure identifies when disclosure of an item or position is adequate for …
IRS has released final regs implementing the base-erosion and anti-abuse tax (BEAT) and providing reporting requirements related to the BEAT. …
The IRS has issued draft instructions for Form 8978, Partner’s Audit Liability Under Section 6226 and Schedule A (Form 8978), …
The Court of Appeals for the District of Columbia Circuit has affirmed a Tax Court holding that tax matters partners’ …
The IRS Large Business and International (LB&I) division has announced that it will target compliance with the Code Sec. 965 …
In a Private Letter Ruling, IRS determined that errors in an S corporation’s return did not constitute an election by …