Pushback Against Trump Plan to End IRS Direct File
Editor’s Note, 4/18/2025: Article updated with additional quote from Economic Security Project. Lawmakers and tax policy organization officials sounded off …
Tax Pros Talk IRS Modernization Setbacks Due to Workforce, Funding Cuts
Former government officials, practitioners, and tax law and policy experts are in lockstep with their collective worries about the ramifications …
Final IRS Regs Possibly Subject to Congressional Review
The Treasury Department during the Biden administration used its final months to finalize or correct several IRS regs, including guidance …
Executive Order Targets ‘Green New Deal’
Among the flurry of actions taken by President Donald Trump on his first day in office was issuing an executive …
Final Regs Allow Certain Co-Owned Elective Pay Entities to Opt Out of Partnership Treatment
The IRS finalized regs providing guidance on how clean energy projects with multiple owners can elect to not be treated …
TIGTA to ‘Remain Vigilant’ of IRS’ Inflation Reduction Act Spending
In its latest semiannual report to Congress, the Treasury Inspector General for Tax Administration pledged to devote funding received from …
Inflation Reduction Act Progress Report Pt. 2: Industry Impact
Tax professionals are giving the IRS credit for how it has prepared to administer the dozens of tax provisions under …
Inflation Reduction Act Progress Report Pt. 1: Rubber Meet Road
Since the enactment of landmark legislation last summer packed with tax provisions intended to incentivize green energy project development or …
IRS Commissioner Details Strategic Operating Plan for Inflation Reduction Act Funding
On April 6, 2023, new IRS Commissioner Daniel Werfel and Deputy Treasury Secretary Wally Adeyemo held a conference call to discuss …
2023 Tax Outlook Pt. 1: Lame Duck Session, Split Congress Expectations
This two-part series forecasts tax developments the remainder of this month and the new year will bring. Part 1 begins …