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A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.
July 22 -
Frank Bisignano, the head of the Internal Revenue Service and Social Security Administration, denied a report in The Wall Street Journal that he spied on colleagues while at JPMorgan Chase.
July 22 -
The U.S. Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be "too good to be true."
July 22 -
OZ 1.0 Zone; governed AI; tax fraud cases; and other highlights from our favorite tax bloggers.
July 21
Matters Editorial -
The IRS is getting hit with an overwhelming number of public comments on proposed tax regs, often generated by artificial intelligence.
July 21 -
The former IRS contractor pleaded guilty to stealing Trump's tax data and leaking it to the New York Times before the 2020 election.
July 17 -
The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.
July 16 -
High‑stakes civil action; explainable AI; productivity partners; and other highlights from our favorite tax bloggers.
July 14
Matters Editorial -
Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.
July 14 -
The National Taxpayers Union Foundation's Taxpayer Defense Center filed a lawsuit seeking to end the collection of donor information from nonprofits.
July 13 -
A federal judge ruled that President Donald Trump's lawsuit against the Internal Revenue Service was a "bad faith" attempt to manipulate the judicial process.
July 13 -
AI tools cannot be the preparer of a tax position. They cannot be subject to Circular 230, defend a study under exam or be professionally disciplined.
July 13
Engineered Tax Services -
Final regulations on Section 1035 insurance exchanges eliminate problems from earlier regulations that affected corporate reorganizations and death benefits.
July 10 -
If you have high-net-worth clients with capital gains, retire the old playbook for qualified opportunity zones. The program is now a recurring planning regime.
July 9
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The IRS provided an electronic way to file a protective claim for a possible tax refund related to the COVID-19 pandemic ahead of a July 10 deadline.
July 8 -
Final regulations identify charitable remainder annuity trusts as "listed transactions," akin to tax shelters that need to be disclosed to avoid penalties.
July 8 -
A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and paying their taxes on time.
July 8 -
The protection against probes of past tax filings was part of a settlement in which Trump agreed to drop a $10 billion lawsuit he filed against the IRS.
July 8 -
Jordan's Revenge; generative AI; faulty assumptions; and other highlights from our favorite tax bloggers.
July 7
Matters Editorial -
Athletes from countries across the globe competing in the World Cup may be going home with an unwelcome prize this year: a hefty tax bill from the United States.
July 7














