Tax

The IRS Advisory Council's annual report covered 37 different areas of concern and recommendations.

What does the 2024 Trump tax plan mean for you and your clients this time around?

Saving Social Security; sued over an address; more 5471 opinions; and other highlights from our favorite tax bloggers.

The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold.

Tesla Inc.'s electric vehicles would be shut out from consumer rebates under a proposal by California Governor Gavin Newsom, pitting him against Elon Musk.

A Republican sweep in November's election threatens a niche tax break that helps American colleges upgrade dorms and academic buildings on campus cheaply.

A pending proposal from the Streamlined Sales Tax Governing Board would let businesses that haven't been remitting sales tax come in from the cold.

Entities that co-own clean energy projects can access clean energy tax credits through elective pay, according to the IRS.

The Internal Revenue Service and its partners in the public and private sectors are planning to highlight the importance of cybersecurity next week.

The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit through Jan. 10, 2026.