Tax regulations

The Internal Revenue Service has released a revenue procedure that provides guidance on several aspects of the Protecting Americans from Tax Hikes Act of 2015, including the expensing of section 179 property, the additional first-year depreciation deduction, and the qualified Indian reservation property depreciation provision.

The president is signing an executive order Friday directing Treasury Secretary Steven Mnuchin to review any significant tax regulations from last year, especially those that might burden Americans.

The Office of Professional Responsibility is trying to expand its authority over preparers – and running into opposition.

The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability.

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard.

The Internal Revenue Service has published its annual update on the depreciation and inclusion tables for owners and lessees of vehicles.

The American Institute of CPAs wants lawmakers to reintroduce a bill to make various fixes to the tax laws.

CorpNet CEO Nellie Akalp discusses how accountants can advise their business clients on the proper entity to use for legal and tax purposes.

Complicated rules will mean the industry will require tax and accounting services.

Jolyon Maugham is hurrying through the streets of west London on his way to a meeting about Britain’s impending departure from the European Union. Even as he sidesteps dawdling tourists and dodges black cabs, Maugham is arguing about Brexit.