Tax regulations

While “after-the-fact” taxes may seem easy, a lot can go wrong for you and your client.

Rev. Proc. 2021-33 from the IRS lets businesses deduct certain stimulus-related items to determine eligibility for the Employee Retention Credit.

But observers say the industry did relatively well for one of its first efforts at impacting legislation.

What are some things your clients need to be aware of when considering transferring a business entity’s charter to a different state?

The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.

The board has endorsed a recommendation from its Private Company Council that would align accounting rules with the tax treatment of the awards.

A bipartisan group released an alternative cryptocurrency revenue-raising plan.

Congress is weighing a proposal to end the tax break next month to pay for the bipartisan infrastructure plan.

NCCPAP’s Stephen Mankowski offers news about the IRS Office of Promoter investigations, Forms 940X and 941, and more.

While tax residency rules vary from state to state, changing residency generally requires a concurrent determination of domicile.

Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure out how much you owe.

Among other things, the service is requiring many entities to update their applications.

The Internal Revenue Service is providing guidance on a provision of the American Rescue Plan Act that provides temporary assistance with COBRA premiums to people who have lost their jobs.

The Internal Revenue Service proposed regulations lowering the threshold so more employers will need to electronically file information returns such as W-2 and 1099 forms instead of filing them on paper.

The Internal Revenue Service’s Office of Chief Counsel posted a memorandum on cost-sharing agreements with reverse clawback provisions and their implications for transfer pricing arrangements and stock-based compensation.

National tax offices were flooded with more than 500 inquiries a day from their field offices after the 2017 tax law, and a confused response cost some accounting firms clients. What lessons can be learned?

The Internal Revenue Service posted new rules Friday for multiemployer qualified retirement plans that have run into funding problems and need extra financial help from the Pension Benefit Guaranty Corporation.

The IRS needs to clarify that service firms qualify for the credits, writes Julio Gonzalez.

The IRS won’t treat cash-for-vacation donations as compensation.

Congress introduced bipartisan legislation aimed at changing the estimated tax payment deadlines to a uniform, quarterly schedule.