Tax regulations

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.

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.

In many cases, the profitable sale of a second home will result in a tax-favored capital gain.

Despite the uptick in interest rates, an improved economy may lead to a resurgence of interest in vacation or second homes.

Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.

The Internal Revenue Service is extending incentives for solar power and other clean energy sources by as long as four years.

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

The American Institute of CPAs sent a list of more than 150 recommendations for the Internal Revenue Service to add to its Priority Guidance Plan where it would like to see the IRS provide more clarity, with a particular spotlight on the Tax Cuts and Jobs Act.

A company that provides training to legal marijuana businesses and their bookkeepers has extended its reach to 26 states.

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