Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
Taxes October 21, 2024
Man Who Leaked Trump’s Tax Returns Was Taught to Take a Stand in St. Louis
Charles Littlejohn pulled off what’s been described as the greatest heist in IRS history and was sentenced to five years in prison.
Taxes October 17, 2024
Tax Experts See Long Standoff Over Expiring Provisions
Deep ideological differences could make striking an agreement on expiring tax breaks difficult if there is divided government.
Taxes October 15, 2024
IRS Warns of Hurricane Charity Scams
Scammers commonly set up fake charities to take advantage of peoples’ generosity during natural disasters and other tragic events.
Taxes October 14, 2024
IRS Gives Tax-Exempt Entities Additional Time to Make Payment Election
Certain tax-exempt organizations that are making an elective payment election are getting a six-month extension to file Form 990-T.
Taxes October 11, 2024
IRS Provides Tax Relief to All of Florida After Hurricane Milton
Because of hurricanes Debby, Helene, and Milton, affected taxpayers have until May 2025 to file returns and make tax payments.
Taxes October 11, 2024
Tax Gap For 2022 Estimated At $696 Billion, IRS Says
The projected gross tax gap for 2022 is down $12 billion from a revised 2021 tax gap of $708 billion, the agency said Oct. 10.
Taxes October 9, 2024
AICPA Comments on Dual Consolidated Losses, Disregarded Payments
The AICPA highlighted several areas of concern in the proposed regulations from the Treasury Department and the IRS.
IRS October 8, 2024
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
In addition, the Treasury Department and the IRS announced a delayed applicability date for related final 401(k) regulations.
Taxes October 8, 2024
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
Taxes October 8, 2024
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.
Taxes October 8, 2024
An Opportunity to Get Opportunity Zones Right
Known to benefit real estate developers, here’s how to redeploy these tax incentives to grow new businesses and boost employment.
Taxes October 7, 2024
IRS Announces Tax Relief For Wildfire Victims in Parts of Washington
Federal officials have announced tax relief for people and businesses in the Yakama Nation affected by wildfires that began June 22.