With IRS Cuts, Education on New Tax Act May be an Uphill Battle
IRS Communications and Liaison saw a 44% staffing cut under President Trump, so the tax professional community should be prepared …
Average Filing Time to Increase Under New Tax Act, Says Group
The new tax act’s “no tax on” and state and local tax (SALT) deduction provisions will cause taxpayers in all …
Concerns Grow as Premium Tax Credit Sunset Looms
The newly passed tax act extended many key expiring provisions – but one thing it didn’t address is enhanced health …
Transfer Pricing Enforcement Hampered by IRS Cuts, Executive Says
The IRS’ targeted enforcement campaign gained traction until the agency’s workforce and spending pools began to shrink this year, but …
Group Calls for ‘Reimagined Tax System’
Noting the “seismic change” the tax administration system has experienced since President Trump took office, the Tax Law Center at …
Could the New Senior Deduction Be Swallowed by a Benefit Cut?
As the Social Security Administration touts the new tax act’s senior deduction, which it says will reduce federal taxes for …
Tax Act Tweaks International Provisions but Maintains Regime, Say Experts
The July 4th tax act did more than just extend international tax provisions, but experts shared that they view the …
Digital Asset Expert Reflects on Busy Crypto Week
While Congress advanced several pieces of legislation relating to the regulation and treatment of digital assets during its so-called crypto …
After the Massive Tax Package, What’s Next for Congress?
Congressional Republicans surprised many policy experts by getting their tax and spending package (H.R. 1) across the finish line by …
Tax Pros Discuss Key Tax Act Partnership Provisions
Gibson Dunn Partners Eric Sloan and Matt Donnelly in an interview with Checkpoint touched on recently enacted tax provisions favorable …