IRS Guidance on Redemption of Stock
Guidance on the application of subchapters C and S of chapter 1 of subtitle A of the Internal Revenue Code
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IRS Guidance on Foreign Tax Credits
The Tax Cuts and Jobs Act of 2017 modified the foreign tax credit rules. These rules allow US taxpayers to
Read moreFinal, New Proposed Section 199A Regulations Released
Pass-through entities on January 18 received final and new proposed regulations on how to qualify for a new 20% tax
Read moreBrady Pushes Tax Law Fixes, Extenders Package in House
On Nov. 26, Ways and Means Chairman Kevin Brady (R-Texas) released the text of an omnibus tax bill that would
Read moreThe IRS Advisory Council Released the 2018 Annual Report
On November 15th, the IRS Internal Review Service Advisory Council (IRSAC) released their 2018 final report to the Commissioner of Internal
Read moreIRS Delays Major Tax Withholding Form Changes to 2020
The IRS aims to produce a major revision of its key tax withholding form, the W-4, in time for
Read moreSenate Confirms Charles Rettig as IRS Commissioner
The Senate voted 64-33 to confirm Charles Rettig as commissioner of the Internal Revenue Service, giving the IRS a
Read moreSenate Finance Unveils Several IRS Reform Measures
The Senate Finance Committee released its version of legislation to retool the IRS, building off of the work that’s been
Read moreIRS Expects To Issue Expensing Regulations “By Late June Or Early July”
Taxpayers can expect the IRS to issue regulations implementing the 2017 tax law’s full expensing provision in less than two
Read moreEstate Tax Account Transcripts Now Available Online From IRS
Practitioners can now obtain estate tax transcripts online through the IRS website, according to Catherine Hughes, estate and gift tax
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