Stakeholders Urge IRS to Retain Carveout in Syndicated Conservation Easement Regs
Various tax and land conservancy organizations are imploring the IRS to retain a carveout for donee organizations in forthcoming final …
Ways and Means Committee Releases Oversight Plan for New Congress
The House Ways and Means Committee, now under Republican management, has poised itself to monitor IRS performance and enforcement activities …
Law Professor: IRS Should Embrace Race Data to Promote Equity
Although the IRS has historically and purposefully maintained a policy of racial neutrality in its data collection, a proactive policymaking …
IRS Extends Lookback Period for Covid-19 Era Refund Claims
The IRS has modified the lookback period for refund claims on returns with due dates that were postponed due to …
California, Alabama, Georgia May 15 Disaster Relief Deadline Extended to October 16
The IRS has extended, to October 16, 2023, tax filing relief for disaster-area taxpayers in California, Alabama, and Georgia to …
H&R Block Seeks Rehearing in Trademark Infringement Battle
Following H&R Block’s defeat in the United States Court of Appeals for the Eighth Circuit, the tax software provider is …
Big 4 Firm Disputes Foreign Tax Credit Reattribution Asset Rule
Responding to an IRS request for public input on pending foreign tax credit (FTC) revisions, practitioners from a Big Four …
IRS Finalizes Mandatory e-Filing Rules
The IRS has finalized mandatory e-filing rules. These rules reduce the number of returns a taxpayer may file without being …
IRS Misses Deadline to Produce Inflation Reduction Act Spending Plan
The IRS did not submit its 10-year plan detailing how it will use the $80 billion appropriation from the Inflation …
IRS Commissioner Nominee Commits to Improving Taxpayer Service, Audit Fairness
Daniel Werfel, President Biden’s nominee to be the next IRS commissioner, faced concerns from members of the Senate Finance Committee …