Tax regulations

U.S. companies won some concessions from the Internal Revenue Service following proposed regulations that would soften the blow of a new foreign tax — but the rules didn’t go as far as the business community had hoped.

Major changes in last year’s tax overhaul include the so-called GILTI provisions, and the IRS has issued proposed regulations for them.

Highly-leveraged companies can start calculating just how much the Republican tax law limits their interest deductions for debt, thanks to 439 pages of regulations released by the Internal Revenue Service on Monday.

A provision of the Tax Cuts and Jobs Act limits the tax break for some taxpayers.

Wealthy taxpayers taking advantage of the increased limits won’t have to worry about them expiring so soon.

The Internal Revenue Service issued a notice Monday saying it is developing guidance on integrated health reimbursement arrangements and how taxpayers and businesses can avoid extra penalties and payments.

The Internal Revenue Service is reminding taxpayers about a change under the new tax law that limits exchanges of property.

The Institute has some suggestions about the rules for executive compensation under the Tax Cuts and Jobs Act.

Federal and state governments are not yet “on the same page” with respect to all aspects of the tax and legal treatment of marijuana.

The penalty has been extended from the Earned Income Tax Credit to other types of refundable tax credits.