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Ultra-conservatives in the House are threatening to block a budget blueprint to kickstart tax cut negotiations, potentially delaying passage of President Donald Trump’s economic plan. The...
IRS acting commissioner Melanie Krause, who has been serving only since March, plans to resign from her position, having informed her staff of her intentions yesterday. ...
If research is considered to be “funded research” within the meaning of Section 41(d)(4)(H), then it is not eligible for the research credit. Research is considered...
During the height of tax season, billionaire Elon Musk’s Department of Government Efficiency is reportedly aiming to centralize all IRS data around a single portal allowing...
A group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit. Rep. Darin LaHood, R-Illinois, Suzan...
Change is not at hand; a question for brokerages; the IRS Simple Installment; and other highlights from our favorite tax bloggers. Sweet liberty Tax Vox (https://www.taxpolicycenter.org/taxvox):...
Individuals and businesses in about a dozen states that were hit by natural disasters last year will have at least a few extra weeks to file...
The 831(b) Institute, a group that advocates for micro-captive insurance providers, sent a letter to the Internal Revenue Service requesting an extension on a deadline for...
Internal Revenue Service employees are being offered a last opportunity to accept a voluntary buyout offer as the Supreme Court blocked a ruling requiring the Treasury...
President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the U.S., meaning that his 20% tariff...
