Tax

After the enactment of the Bipartisan Budget Agreement in February 2018, the IRS issued Notice 2019-32 requesting comments from taxpayers regarding the changes to the carbon capture credit in the new law. After carefully considering the comments, the ...

The TAP is a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns, and makes recommendations for improving IRS service and customer satisfaction.

Farmers and fishermen in the U.S. who chose to forgo making quarterly estimated tax payments that they must file their 2019 Form 1040 along with a payment for all taxes owed by Monday, March 2, 2020.

While given the opportunity to be signatory on a letter drafted by various other industry organizations, the NSA opted to deliver an independent response. NSA’s suggestions draw from decades of advocacy and a strong relationship with the IRS, the ...

The Joint Chiefs of Global Tax Enforcement (J5) was formed in 2018 after a call to arms from the OECD Taskforce on Tax Crime and has been working together to gather information, share intelligence and conduct coordinated operations, making significant ...

Tax practitioners can consider sharing this information with their clients and meeting with them to take advantage of the retirement planning opportunities – never a bad thing! Here is a summary of the higher-impact provisions of the SECURE Act.

Section 4960 is designed to put applicable tax-exempt organizations on equal tax footing with taxable organizations that are subject to the section 162(m) $1 million limit on deductible compensation and the excise tax on excess parachute payments ...

What to know when you might get your 2020 income tax refund? This easy to use chart shows estimated tax refund dates. File early and you will get your refund earlier. IRS refund schedule.