Your Tax Filing Could Be Free if Musk’s DOGE Commission Gets Its Way
The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.
JD Supra2d
IRS Issues Proposed Regulations Implementing Changes to Code Section 162(m)
On January 14, 2025, the Internal Revenue Service (“IRS”) and the Department of Treasury issued proposed regulations under ...
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Key Highlights of the Section 761 Final Regulations and Impact on Section 6417 Direct Payments
Under Section 6417 of the Code, as enacted by the Inflation Reduction Act (IRA), certain taxpayers that fall within the statutory definition ...
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Federal Tax Controversies and the Appeals Resolution Process
The Taxpayer First Act (“TFA”), which was signed into law on July 1, 2019, makes the most significant changes to administrative procedures since ...
JD Supra6d
Proposed regulations provide guidance regarding certain aspects of spinoffs and reorganizations
On January 13, 2025, the U.S. Treasury Department (the “Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed ...
KSNW Wichita on MSN4d
Bill would make 20% tax cut permanent for small businesses in Kansas
Kansas Congressional Senator Jerry Moran, alongside other colleagues, has introduced a bill to give a permanent tax deduction ...
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IRS Updates Guidance on Section 530 and Worker Status Issues
The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...