What is one-time forgiveness from the IRS?
The IRS has solutions for those struggling with their tax debt, including one-time forgiveness. Here's what it is.
Elon Musk's DOGE presence at the IRS raises concerns about taxpayer data security, refund delays
Some Democratic lawmakers are raising concerns about the security of taxpayer data as Musk's cost-cutting task force moves to the IRS.
JD Supra5d
Proposed Regulations Issued Under Internal Revenue Code § 162(m)
In the last few days preceding President Donald Trump’s inauguration, the IRS under the Biden administration proposed regulations to implement amendments to Internal Revenue Code § 162(m) that were ...
JD Supra5d
Tech-Neutral Credits Final Regulations Released for Clean Electricity Production
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...
JD Supra5d
Final Regulations Issued on Allocation of Partnership Liabilities Under Section 752
On December 2, 2024, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) published ...