Tax regulations

The Internal Revenue Service is changing the process for requesting documents from tax-exempt groups.

The Internal Revenue Service has removed a rule requiring that a discharge of indebtedness for which a Form 1099–C, ‘‘Cancellation of Debt,’’ must be filed occurs when a 36-month non-payment testing period expires.

The Internal Revenue Service needs to do more to ensure taxpayers aren’t using virtual currencies like bitcoin to avoid taxes, according to a new report.

The Internal Revenue Service has issued final regulations on controlled foreign corporations to provide rules about the treatment of U.S. property held by the CFC in connection with transactions involving partnerships.

Republicans on the tax-writing House Ways and Means Committee sent a a letter Thursday to Treasury Secretary Jacob Lew asking him to withdraw the Treasury’s recently proposed regulations on estate and gift taxes.

The IRS’s recent Audit Techniques Guide for the Tangible Property Regulations can help business taxpayers avoid problems with IRS examiners in interpreting the 2014 regulations on how to treat expenses incurred for materials, supplies, repairs and maintenance.

Earlier this week, I moderated an Accounting Today web seminar on Understanding Affordable Care Act Reporting: Year 2.

The IRS has released cost-of-living adjustments for the dollar limitations for pension plan contributions and other retirement-related items for tax year 2017.

No matter who wins this year’s presidential election, CFOs and tax directors alike will wonder what changes are looming. Given the slim chance of a complete overhaul of our tax system, the short answer to our titular question is, “Probably not much.”

The Internal Revenue Service issued an Audit Techniques Guide last month governing compliance with the tangible property repair regulations.