Treasury Department

The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service and the Treasury Department about the impact of last December’s tax code overhaul on accounting method changes for small businesses.

The Finance Committee is expected to approve Trump’s nomination of a tax attorney as the next head of the Internal Revenue Service.

Many tax-exempt groups that participate in politics will no longer be required to disclose their donors to the Internal Revenue Service, the Treasury Department said.

CPAs and EAs are raising objections to the draft version of the Employee’s Withholding Allowance Certificate.

U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20 percent tax deduction are likely to be delayed until the end of July, according to a senior administration official.

The draft version of the streamlined form tries to deliver on one of the promises of the tax simplification effort, but adds more schedules.

National Taxpayer Advocate Nina Olson released her mid-year report to Congress Wednesday, spotlighting her top areas of concern, particularly how the new tax overhaul will be implemented.

The short form would fulfill one of the promises of last December’s tax overhaul.

The Internal Revenue Service and the Treasury Department are going to amend the Section 987 regulations to postpone them for another year.

Private universities won’t be taxed on unrealized income from their billions of dollars in assets before the levy was approved.

The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.

The National Association of Black Accountants has announced its 2018 national and regional award winners.

Many of the biggest beneficiaries of President Donald Trump’s tax overhaul haven’t even been born yet.

This handful of changes from the Tax Cuts and Jobs Act may call for more guidance from the Treasury.

The Internal Revenue Service and the Treasury Department are asking the public to recommend items that should be included on their 2018-2019 Priority Guidance Plan, with the expectation that the new tax law will be at the top of the list.

The Internal Revenue Service said it would give U.S. taxpayers an extra day to file their returns electronically after a computer malfunction disrupted the agency’s website.

The Internal Revenue Service and the Treasury Department say the Tax Cuts and Jobs Act will require hiring the equivalent of 1,734 full-time employees over the next two years.

White House OMB head Mick Mulvaney will be able to weigh in as the Internal Revenue Service clarifies dozens of the new tax law’s provisions.

The Internal Revenue Service knocked down one way for hedge fund managers to dodge restrictions in President Donald Trump’s tax law. But for some managers, there’s still a way out.

The institute is asking for immediate info about the disallowance of some popular write-offs.