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The IRS's Notice 2025-28 will affect applicable corporations with financial statement income attributable to investments in partnerships.
July 30 -
The well-oiled firm; refundable credits in states; taxing settlement money; and other highlights from our favorite tax bloggers.
July 29 -
The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.
July 29 -
A so-called corporate head tax is "on the table" as officials look for funds to help close back-to-back yearly shortfalls topping $1 billion.
July 29 -
The legislation involves a 'thoughtful phaseout,' while leaving some investment opportunities, says one expert.
July 29 -
Trump urged Keir Starmer to extract more oil from the North Sea and criticized U.K. taxes on fossil fuels in his latest attack on the prime minister's policies.
July 29 -
The Internal Revenue Service is looking to cut the case cycle times for corporate taxpayers.
July 28 -
Douglas O'Donnell, former acting commissioner of the Internal Revenue Service, has joined KPMG US in its Washington national tax practice.
July 28 -
Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS commissioner.
July 28 -
President Donald Trump said he is considering sending rebate checks to Americans using revenue from tariff increases his administration is imposing on U.S. trading partners.
July 25