Tax regulations

The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.

The IRS has long offered alternative dispute resolution, but says use has declined in recent years, and it hopes to make it more attractive and accessible. 

$28 million in grants are available for Low Income Taxpayer Clinics, with a particular emphasis on states and counties that aren't currently covered.

The Internal Revenue Service previewed a draft form for crypto brokers for reporting on the proceeds of digital asset transactions to their customers.

A set of frequently asked questions from the IRS says the benefit can be excluded from income.

The IRS threw a late curveball at tax professionals scrambling to meet the April 15 deadline, and for partnerships and corporations in general.

An earlier postponement of the reapplication date has been rescinded.

The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large corporations.

The Internal Revenue Service clarified the treatment of money paid for energy-efficient property and improvements in Announcement 2024-19.

The Internal Revenue Service is making some changes in the way it sends tax transcripts for clients to tax professionals to beef up security.

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

Notice 2024-30 expands rules for determining an "energy community," among other things.

Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.

Taxpayers who exit the tax system by not filing a required return have emerged as a growing and under-the-radar problem for the IRS.

The IRS has released two new sets of regs and guidance on different credits.

The IRS is particularly interested in applications covering Hawaii, Kansas, Nevada, North Dakota, South Dakota, West Virginia and Puerto Rico.

The Internal Revenue Service issued a FAQ on a program that offers help to farmers, ranchers and forest landowners who experienced discrimination by the USDA in farm lending.

The IRS wants to help businesses know when they don't qualify for an Employee Retention Credit.

The IRS is pushing back tax filing and payment deadlines for those affected by storms, landslides and mudslides last August.

The tax credits now helping underwrite many electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.