Tax regulations

While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.

Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.

The request for comments is part of the Treasury Department's effort to fast-track the rules from the Inflation Reduction Act.

The government is requesting responses on implementing the Inflation Reduction Act's climate proposals by Nov. 4 or sooner.

Two revisions hope to clarify how taxpayers can meet with Appeals, and give them more contacts at the service.

The Internal Revenue Service issued its annual notice providing rates for taxpayers to use in substantiating the amount of ordinary and necessary expenses they've incurred while away from home.

The Internal Revenue Service added new information to its FAQ page on the tax rules surrounding the use of coronavirus funds for mortgage insurance and home purchases.

The service is giving companies and tax professionals another year to fix up their claims for the research and development tax credit.

The service published updated information about the credit after a scathing investigative report about how the longtime tax credit is being abused.

A recent case shows that the IRS and the Tax Court are going to need a little bit more in the way of documentation.

The service's Appeals office is asking taxpayers and tax pros to weigh in on its final guidelines for use of its video meeting option.

The effective date of final regulations on foreign currency used by multinational companies' qualified business units is being postponed for another year.

The service has raised the rates it pays for overpayments and charges for underpayments.

Legislation introduced by a mix of Republicans and Democrats would exempt the firms from being considered cryptocurrency "brokers."

What should employers do to adapt?

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.

The service's new practice unit stresses that agents should look more closely at designers of government-owned buildings than at commercial building owners.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

The information covers forms for reported excise taxes on certain polluting chemicals and substances.

The Internal Revenue Service issued a revised Audit Technique Guide to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions.