IRS Obtained Proper Penalty Approval in Easement Case, Court Finds
The IRS met the supervisory approval requirements when it assessed penalties against Sand Valley after disallowing the company’s $35.38 million …
IRS Makes a Move on Cloud Transaction Sourcing Rule
In a year marked by regulatory rollback and uncertainty, the IRS proceeded with a planned rulemaking hearing July 17 on …
House Taxwriters Mull Future of Digital Asset Tax Policy
Correction, 7/18/2025: This article has been updated to correct a misattributed in the second to last paragraph. A previous version …
Tax Act Implementation Challenges Anticipated
With Republican’s tax act behind us, practitioners are gearing up for implementation – but they are expecting some bumps along …
DeFi Crypto Regs Officially Removed
In keeping with a resolution signed by President Trump in April, the IRS has revoked final regs addressing the application …
Nevada Lawmakers Take on New Gambling Losses Provision
Days after President Trump signed his new tax package into law, a bipartisan group – led by Nevada lawmakers – …
Trump Orders Treasury to Axe Clean Energy Credit Guidance
President Trump signed an executive order Monday directing the Treasury Department to pull the plug on regulatory and other guidance projects relating …
R&E Provisions in the New Tax Act
Experts highlighted several business-friendly provisions in the July 4th tax and spending package — including revisions to the research and experimental …
Checkpoint’s Exclusive Executive Summary of the 2025 Tax Act
In a series of marathon Senate and House sessions leading up to the July 4th holiday, Congress passed the Act …
Transition Challenges Expected as Treasury Goes Paperless
Back in March, President Trump issued an executive order mandating that Treasury and the IRS largely transition to electronic payments, …