Tax regulations

The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.

The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.

The American Institute of CPAs wants additional guidance about Bitcoin taxes.

There are many novel and unresolved accounting and tax issues in initial coin offerings that haven't received much attention.

A new notice offers details on how the Tax Cuts and Jobs Act is forcing changes in write-offs for items like job-related cars and moves.

The American Institute of CPAs has sent three recommendations to the Internal Revenue Service about modifying the IRS’s proposed regulations for inventory valuation.

Though all business owners face a variety of barriers when starting and running their companies, restaurant owners must manage a unique set of payroll and HR circumstances.

The American Institute of CPAs has written a letter to the Internal Revenue Service asking the IRS to provide maximum flexibility in its regulations for the new centralized partnership audit regime.

The Internal Revenue Service has issued a revenue procedure providing the 2019 inflation-adjusted amounts for HSAs and high deductible health plans.

A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard.