Tax

The president is directing the Treasury to review regs to see if they’re too burdensome.

Administration officials are suggesting it might not be revenue-neutral.

The Internal Revenue Service has released a revenue procedure that provides guidance on several aspects of the Protecting Americans from Tax Hikes Act of 2015, including the expensing of section 179 property, the additional first-year depreciation deduction, and the qualified Indian reservation property depreciation provision.

The solution targets the complex needs of cannabis-related businesses.

Treasury Secretary predicts the Trump administration will produce an ambitious plan to overhaul the U.S. tax code “soon.”

False losses claimed; kids’ IDs for sale; ‘lavish lifestyle’ becomes eight months in jail; and other highlights of recent tax cases.

H&R Block's Jim Buttonow shares the shake-ups in how the service collects what's owed.

The Information Reporting Program Advisory Committee has openings for seven new members.

The IRS has advice for tax clients who missed the April 18 deadline.

They claim he perjured himself over previous work for the service, and his testimony should be stricken.