IRS issues more guidance on withholding rules for new tax law
The IRS issued Notice 2018-14 to provide more guidance on the withholding rules that were changed by P.L. 115-97, known as the Tax Cuts and Jobs Act.
IRS practice and procedure
Practitioners need immediate guidance on tax reform act, AICPA says
Thirty-nine areas in the recent tax overhaul act require immediate guidance, the AICPA told the IRS and Treasury.
What to expect from the IRS during the government shutdown
The shutdown of the federal government comes just nine days before the scheduled start of tax season. Here’s a look at how the IRS may be affected.
New tax withholding tables are issued
The IRS issued new tax withholding tables for 2018 to be used to implement the changes to the tax law enacted last month.
IRS asking for taxpayer representatives’ personal information
The IRS is now asking taxpayer representatives who call the agency to provide their Social Security number and date of birth to confirm their identity.
IRS announces when filing season will start
The IRS announced that this year’s filing season will begin about a week later than last year’s filing season.
IRS touts progress against taxpayer identity theft
The Security Summit strategy built on 2015 gains, stopping still more fraudulent returns in 2016 and 2017, the Service says.
What to do with math error notice letters from the IRS
The IRS issues math error notices after checking income tax returns for errors using a special program. Here’s what to do if a client receives one.
Documenting virtual currency transactions
Even the simplest uses of this increasingly popular medium of exchange will likely involve a basis calculation for tax purposes.
President signs tax overhaul into law
President Donald Trump signed H.R. 1, the Tax Cuts and Jobs Act legislation, thereby making it law.
How tax overhaul would change business taxes
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small.
What the tax reform bill means for individuals
The tax reform legislation that Congress will consider this week contains many provisions affecting individuals—and many changes from both the House and Senate bills.
Congress passes tax reform
The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.
Senate passes tax reform bill; House must revote
The Senate voted early today in favor of the Tax Cuts and Jobs Act, H.R. 1, which the House of Representatives had approved Tuesday.
Conference committee approves tax reform legislation
House and Senate conferees agreed to legislative language of a tax reform bill that is expected to be voted on by Congress next week.
Senate passes tax reform bill
In the early hours of Saturday morning, the U.S. Senate passed its version of the Tax Cuts and Jobs Act bill by a vote of 51–49.
IRS may not assess a deficiency 9 years after a failed tax-free merger for predecessor company's failure to file
The new company's return with the old company's pro forma short-year return attached was sufficient to run the statute of limitation, the Tax Court finds.
Senate tax reform bill contains more changes
The version of the tax reform bill passed by the Senate Finance Committee holds several more changes affecting both individuals and businesses.
House passes tax reform bill
The U.S. House of Representatives passed its tax reform bill, on a 227–205 vote.
Senate Finance Committee modifies tax reform proposal
The revised chairman’s mark of the Senate tax reform bill contains many significant changes to the proposed legislation.
