Tax regulations

The Treasury is considering rules on taxation of college endowments and changes to treatment of R&D costs, bonus depreciation and caps on business interest deductions.

The Supreme Court left in place a decision that should change how practitioners talk to clients about old returns and how to evaluate the people who prepared them.

There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.

The Internal Revenue Service's CI division is getting back to its traditional priorities after it was sidetracked last year into immigration enforcement.

The Internal Revenue Service's process for referring taxpayer inquiries to other business units can lead to delays and lost referrals, according to a new report.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Recent court cases and IRS actions are changing the litigation playbook for taxpayers appealing Employee Retention Credit claims that have been denied.

The Treasury Department offered a preview of upcoming guidance on a new federal scholarship tax credit that was included in the One Big Beautiful Bill Act.

AI and automation can streamline R&D work but cannot replace professional judgment or Circular 230 due diligence.

Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.

Millions of taxpayers may be potentially entitled to COVID penalty and interest relief and need to preserve that right.

New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.

Most buyers focus on price, but depreciation often matters more in certain asset classes.

The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.

AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.

Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row.

The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS's 2026-2027 Priority Guidance Plan.

The administrative approach to R&D credits needs to shift away from the current once-a-year scramble within companies.

The Internal Revenue Service established a program to allow corporate taxpayers to request rulings on certain issues.

Accounting firms are seeing an increase in scams involving the notices the IRS is sending to taxpayers when they don't provide their direct deposit information.