Strong Recordkeeping Key Amid Form 990 Changes, Tax Pro Says
The IRS is expected to issue regulations revising Form 990, the annual information return required of tax-exempt organizations. Matthew Petroski, …
Top Democrats Demand Answers on Trump-DOJ Settlement
Ranking Democrats on two House committees are demanding documents and answers from the Treasury Department, Department of Justice (DOJ), and …
Experts Share Refund Opportunities After Kwong, Abdo Decisions
A panel of tax controversy experts at the 2026 ABA May Tax Meeting on May 8 discussed two court decisions …
DOJ Settlement ‘Forever’ Bars IRS Trump Audits, Sparks Backlash
The Department of Justice has issued an order that permanently bars the IRS from auditing past tax returns of President …
IRS Finalizes Rules to Ease Partnership Interest Sales Reporting
The IRS has issued final regs that permanently resolve a longstanding compliance problem by removing the requirement that partnerships furnish …
Trump Ends $10B Legal Battle With IRS as DOJ Orders Settlement Fund
President Donald Trump has filed a notice of voluntary dismissal in his $10 billion lawsuit against the IRS and the …
Treasury Official Unpacks Conservation Easement Settlement Offer, Previews Future Plans
On May 13, the IRS announced yet another opportunity for taxpayers involved in conservation easement disputes to settle their case. A day …
Experts Say Holistic Tax Strategy Needed for Data Center Investments
At a May 13 webcast hosted by PricewaterhouseCoopers (PwC), a panel of tax specialists argued that a sophisticated and integrated …
Data Privacy in the Age of AI: More Than Just a Tax Issue
Tax practitioners face an expanding set of data security regulations, and the rapid adoption of artificial intelligence is adding layers …
GOP Lawmakers, Trump Push Proposals to Suspend Federal Gas Tax
Republican lawmakers have introduced proposals in the House and Senate to temporarily suspend the federal excise tax on gasoline and …