Senate Tax Advisor: New Energy Credits Likely Safe From ‘Full Repeal’ in 2025
Various energy tax credit programs amended or created by the Inflation Reduction Act (PL 117-169) likely will not be outright …
Various energy tax credit programs amended or created by the Inflation Reduction Act (PL 117-169) likely will not be outright …
Hill staff and tax practitioners considered how allowing Tax Cuts and Jobs Act (TCJA; PL 115-97) provisions to expire would impact …
Update: This article was revised to add a statement from Booz Allen. Following the sentencing of a former IRS contractor …
The IRS has the statutory authority to assess penalties for failing to report control of foreign businesses, the DC Circuit …
A year after releasing its game plan on how it intends to spend additional funding from the Inflation Reduction Act …
Despite Tax Cuts and Jobs Act (TCJA; PL 115-97) provisions that are set to expire, Treasury Secretary Janet Yellen told the House …
The Government Accountability Office (GAO) released a report addressed to IRS Commissioner Danny Werfel which “is intended for IRS management’s …
Five lawmakers have submitted an amicus brief arguing that an Alabama federal district court wrongly found the Corporate Transparency Act (CTA) — …
Tax practices seeking to begin developing an artificial intelligence (AI) strategy should understand their end goals and limitations from the …
An independent survey conducted during and immediately after the 2023 tax filing season to gauge public opinion on the IRS-run …