Tax regulations

The Internal Revenue Service and the Treasury Department released their final regulations on two major international tax provisions, the Foreign Tax Credit and the Base Erosion and Anti-abuse Tax (BEAT), which was included as part of the Tax Cuts and Jobs Act.

The Internal Revenue Service updated its guidance for business travelers and their employers on the per diem rates for substantiating expenses, in light of the changes in the Tax Cuts and Jobs Act.

Final regulations confirm that individuals who take advantage of the increased gift and estate tax exclusion amounts that are in effect from 2018 to 2025 under the Tax Cuts and Jobs Act won’t be adversely affected after 2025.

The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year.

The U.S. Treasury Department plans to pare back regulations championed by President Barack Obama that were intended to prevent American companies from moving profits offshore to avoid taxes.

A deadline looms, but questions remain and more guidance is needed.

Companies will commission a cost segregation study, but its analysis never gets implemented on the tax return.

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.

Section 1031 exchanges involving related parties present some of the most complex problems in tax law.

The guidance is the first since 2014.

At long last, the IRS proposes new regs on cloud transactions.

The Treasury Department and IRS issued proposed regulations to help taxpayers avoid negative tax consequences in the transition away from the London Interbank Offered Rate and other interbank rates to newer reference rates.

A new notice explains which rates taxpayers should use as of Oct. 1.

Rev. Proc. 2019-40 will limit the inquiries some U.S. taxpayers have to face.

The Internal Revenue Service issued new rates for business travelers to use.

The Internal Revenue Service had a difficult time coming out with guidance, forms and instructions for provisions of the Tax Cuts and Jobs Act like GILTI.

The tax break allows businesses to write off most depreciable business assets during the year they are placed in service.

Tax-exempt organizations, including many political groups, will be able to avoid disclosing the names of their contributors, despite a recent court decision.

The former Soviet republic of Georgia is another jurisdiction where interest payments must be reported.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.