Republican Group Releases OBBB Follow-Up Framework
As implementation work on the One Big Beautiful Bill Act’s many tax provisions continues, the Republican Study Committee (RSC) released …
House Committee Moves on Yet Another Tax Administration Bill
On Wednesday, the House Ways and Means Committee advanced a bipartisan bill that would require the IRS to adopt modern …
IRS Provides Guidance on Post-OBBB Bonus Depreciation
The IRS issued guidance clarifying elections available to taxpayers after the One Big Beautiful Bill Act made 100% bonus depreciation …
Loper Bright Has Not Yet Led to an Anti-Reg ‘Tsunami,’ Legal Experts Say
Leading tax and administrative law experts unpacked evolving regulatory challenges following the Supreme Court’s landmark decision in Loper Bright, which overruled …
Treasury Touts Deregulation While Experts Warn of Risks
Amid the Trump administration’s deregulatory efforts, some tax experts cautioned that revamping and simplifying rules could lead to greater uncertainty …
Former IRS Chiefs Gauge Tax Season Readiness
A panel of former top IRS and Justice Department officials at the D.C. Bar Tax Conference January 7 warned of …
IRS Proposes New Backup Withholding Rules for Third-Party Network Transactions
The IRS has issued proposed regulations that would update backup withholding rules for third-party network transactions. These changes reflect recent …
IRS Should Automate Extension Process for Disaster Victims, Says AICPA
The American Institute of CPAs (AICPA) urged the IRS to automate its process for granting extensions for taxpayers to replace …
9th Circuit Denies Rehearing in Trump Mass Layoff Suit
The full 9th U.S. Circuit Court of Appeals has declined to rehear a panel decision that allows a lower court …
Disaster Tax Relief Bill Signed Into Law
Over the holidays, President Trump signed a popular measure that provides administrative relief for victims of federally declared disasters. Disaster …