IRS Issues Proposed Regs on Clean Electricity Credits
The Treasury Department and the IRS issued proposed regs on the Code Sec. 45Y Clean Electricity Production Credit and the Code Sec. 48E Clean …
Bipartisan Approach to Tax Reform Needed, Say Former Hill Staffers
Tax experts on who worked on opposite sides of the aisle when the 2017 Tax Cuts and Jobs Act (TCJA, PL …
Deloitte’s Jonathan Cutler Weighs in on New Digital Asset Reporting Form
Deloitte Washington National Tax Senior Manager Jonathan Cutler, a global information reporting expert, shared with Checkpoint his impressions of the …
NTA Collins: Let Taxpayers Challenge International Information Return Penalties
National Taxpayer Advocate (NTA) Erin Collins wrote in a May 21 blog post that taxpayers should be able to bring challenges to …
Affordable Housing & Tax Pt. 2: Supply Incentives; Rental Assistance
Under current law, the biggest federal tax program designed to assist renters and promote affordable housing is on the supply …
Affordable Housing & Tax Pt. 1: Current Conditions; Home Mortgage Interest Deduction
Amid rising home and renting costs and supply shortages, experts have become increasingly critical toward the effectiveness of existing housing …
House Passes Disaster Tax Relief Bill
Though the broad bipartisan tax bill remains stalled, the House overwhelmingly passed a portion of that package aimed at aiding …
CBO, JCT Asked About Impacts of Making Health Insurance Premium Tax Credit Permanent
Ways and Means Committee Chair Jason Smith (R-MO) and House Budget Committee Chair Jodey Arrington (R-TX) have asked analysts how …
Dems Call for Expansion of Direct File
Over 130 Democrats urged Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel to make the tax e-filing pilot program, …
Battle Against the Corporate Transparency Act Continues
The National Small Business Association (NSBA) has filed its brief with the Eleventh Circuit urging it to uphold a lower …