Tax regulations

Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for particular credits.

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

The Internal Revenue Service announced the inflation-adjusted amounts for health savings accounts in 2026.

In its first multiyear operating plan, the IRS Whistleblower Office laid out its priorities.

The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest."

The IRS has extended the deadline for reporting income paid to non-resident aliens, foreign corporations, and other foreign entities.

The Internal Revenue Service issued a notice giving some breathing room to those involved with micro-captive insurance companies.

The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.

The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation-skipping transfer tax exemptions.

The 831(b) Institute sent a letter requesting an extension on a deadline for disclosing information about transactions that the IRS views as tax shelters.

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to be a little difficult in practice.

Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.

The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.

The American Institute of CPAs submitted a set of legislative priorities in a letter to congressional leaders, suggesting possible changes to the tax rules.

Rep. Steve Cohen has reintroduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

Ukraine, Iraq, Haiti and Bangladesh have been added to the Internal Revenue Service's list for tax year 2024.

The Institute is urging the Treasury to suspend and remove final regulations labeling some partnership related-party transactions as "transactions of interest."

The usual March 1 deadline for farmers and fishers has been pushed to March 3, or further, for those impacted by natural disasters.

Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.