Tax regulations

The American Institute of CPAs is asking the Internal Revenue Service to simplify the regulations and make them less of a burden.

The Internal Revenue Service has released guidance easing penalties for some mistakes.

With Republican control of Congress and the presidency, most practitioners think some kind of change is coming to the Tax Code – but they differ wildly on what form it will take.

The IRS's annually updated standard mileage rates for deducting costs of operating an automobile come with some important rules.

IRS issues 2017 optional standard mileage rates for deductible costs of operating an automobile.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to withdraw and, if necessary, re-propose their rules for the valuation of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.

President-elect Donald Trump warned U.S. companies that moving manufacturing to other countries would be a “very expensive mistake” as they will face heavy new taxes—an approach likely to face resistance from lawmakers in his own party.

Small businesses in the U.S. on average pay an extra $5,128 in taxes to make up for revenue lost to the use of offshore tax havens by multinational corporations, according to a new study.

The Securities and Exchange Commission’s comment letters to public companies on their tax disclosures are prompting better tax compliance, according to a new study.

Donald Trump’s incoming administration may decide to make some changes in tax policy for household employers and employees, including an idea that Trump credited to his daughter Ivanka to allow parents to deduct childcare expenses from their taxes.