Tax regulations

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.

The service's new practice unit stresses that agents should look more closely at designers of government-owned buildings than at commercial building owners.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

The information covers forms for reported excise taxes on certain polluting chemicals and substances.

The Internal Revenue Service issued a revised Audit Technique Guide to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions.

With gas prices rising, the service announced an unscheduled increase.

With social media and the internet multiplying the ways people can give, the rules are more important than ever.

Investors in digital assets have been pummeled recently by the longest losing streak since 2011, but if they act promptly, they can cut their tax bills.

The Internal Revenue Service has revised and updated the answers it previously provided to frequently asked questions on the 2021 Child Tax Credit and Advance Child Tax Credit.

A pair of congressional Democrats want to see a rule finalized that would open up greater access for families to claim premium tax credits for health insurance.

Think about implementing some organization and management strategies going forward with clients who want to engage in like-kind exchanges

Student athletes who are now allowed to score lucrative endorsement deals for their name, image and likeness may well encounter surprise tax bills.

Tips and considerations for accountants abound after tax season.

Practitioners share what those who want to start their own business know — and don’t know.

Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.

The Internal Revenue Service initiated a temporary change in policy Monday for U.S. residency applications for the next two years.

Investors and their CPAs need to be aware of the depreciation rules that apply to the short-term rental market.

New rules from the IRS around required minimum distributions address changes from the SECURE Act.

The Internal Revenue Service released a revenue ruling that updates the rules for the tax return disclosure restrictions for government employees in light of the Taxpayer First Act.

Your clients with household help — such as nannies, housekeepers and senior caregivers — may be paying their workers through a mobile app like Venmo or PayPal. It’s quick and easy, but thanks to a new tax-reporting rule, it may no longer be a good idea.