The Security Summit strategy built on 2015 gains, stopping still more fraudulent returns in 2016 and 2017, the Service says.
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.
IRS does not acquiesce to real estate professional holding ... IRS issues procedure granting automatic approval for certain defined benefit plan funding method changes ... California wildfire victims have a tax extension
President Donald Trump signed H.R. 1, the Tax Cuts and Jobs Act legislation, thereby making it law.
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small.
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.
The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.
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.
House and Senate conferees agreed to legislative language of a tax reform bill that is expected to be voted on by Congress next week.
The IRS issued the standard mileage rates for business, medical and moving expenses incurred in 2018.
In anticipation of the possible elimination or reduction of the state and local income tax deduction, some are suggesting that taxpayers should prepay their 2018 state taxes in 2017. Here’s why that probably won’t work.
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.
Loans must qualify as “bona fide debt” to create basis for deducting passthrough losses.
A sometimes overlooked adjustment may cause deficiencies and penalties.
The Sec. 6501 statute of limitation does not run where no tax is assessed, the Tax Court holds.
A state exchange's failure to revise the couple's health insurance advance premium subsidy was not grounds to avoid its repayment.
The taxpayer is unable to persuade the Tax Court that the grace period on a loan from his Sec. 401(k) plan extended into the next tax year.
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.
Companies can follow these steps to make sure an M&A transaction complies with all tax requirements.
LB&I taxpayers can base R&D credit expenses on financial statements ... IRS proposes allowing partial SSNs on W-2s ... IRS to again rule on general tax consequences of tax-free transactions