Tax regulations

The final rules offer guidance on the penalty for failing to include information that’s supposed to be disclosed under the Small Business Jobs Act and how to calculate the amount.

The Internal Revenue Service is working on a new study analyzing the 62-year-old rules for corporate spinoffs.

Proposed regulations spell out the requirements under the Tax Cuts and Jobs Act, including some new forms.

The Treasury Department finalized the repeal Thursday of 296 obsolete or duplicative tax regulations in response to President Trump’s executive orders.

There has been no shortage of confusion as American taxpayers have started filing their returns for the first time under the 2017 tax overhaul.

Like-kind exchanges can vary greatly in their complexity. Basic transactions may require little mental horsepower to conduct, but some can be extremely tricky.

The relief is conditioned on the partnerships providing the missing information in a separate schedule by March 15, 2020.

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

The Court of Appeals for the District of Columbia Circuit has given the IRS a victory in its quest to charge fees.

The Treasury and the service are seeking public comments on the proposal.