Tax regulations

IRS data and changes to collection operations over the past four years show 10 clear effects.

Notice 2023-64 offers guidance on the 15% levy on large businesses — and waives some penalties.

Your OZ clients' working capital safe harbor business plans need to be updated by Sept. 8, 2023.

The Internal Revenue Service issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.

The IRS and the Treasury issued guidance on some of the requirements for claiming credits under the Inflation Reduction Act.

For overpayments and underpayments, the rate will be 8% per year.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

Employees weren't always following the rules when it came to talking to taxpayers instead of representatives like accountants and attorneys.

The institute sent comment letters requesting changes in two forms used to report on foreign trusts, and guidance on energy credits and advanced manufacturing investment credits.

Tax authorities worldwide are deciding how to tax non-fungible tokens. Now is the time to get clarity on this quickly evolving phenomenon.