Following the disaster declaration issued by the Federal Emergency Management Agency, individuals and households affected by severe storms, straight-line winds …
For the first time in decades, both the Social Security Trustees and the Congressional Budget Office project the retirement Trust …
On Monday, April 24, the U.S. Supreme Court denied certiorari in four cases involving tax issues. In the first case, …
A former senior litigation counsel at the U.S. Department of Justice (DOJ) has stressed that since the IRS’ funding plan …
Senator Cory Booker, Democrat of New Jersey and Representative Suzanne Bonamici, Democrat of Oregon, on April 19 introduced bicameral legislation …
As the tax community digests the IRS’ Strategic Operating Plan detailing its vision for spending the 10-year, $80 billion appropriation …
IRS Commissioner Daniel Werfel told the Senate Finance Committee April 19 that the agency was fully committed to transparency in …
Early efforts by the IRS to deploy Inflation Reduction Act (PL 117-169) funds towards expanding electronic filing tools and implementing …
As the IRS considers guidance and proposed regs on the corporate alternative minimum tax (CAMT) established under the Inflation Reduction …
The IRS has released a revenue procedure that provides a safe harbor method of accounting that taxpayers may use to …