Tax regulations

The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid by the company to its shareholders in accordance with section 199A of the Tax Code, which allows the investors to take a hefty deduction.

The Internal Revenue Service has issued a set of proposed regulations to provide guidance on the elimination of the deduction of qualified transportation fringe and commuting expenses in the Tax Cuts and Jobs Act.

The Internal Revenue Service provided guidance on expanded eligibility and more.

A little-used part of the U.S. tax code allows foundations to use some of their endowments as “program-related investments.”

The Internal Revenue Service is giving investors in opportunity zone funds relief from some of the requirements in the controversial program because of the COVID-19 pandemic.

It won’t count as income to employees, but they also won’t be able to deduct it.

In the midst of a global pandemic, the gravitational pull toward digital transactions has been amplified.

The service issued guidance that levies a 21 percent excise tax on some nonprofit employees’ salaries above $1 million.

To better understand how the U.S. tax rules apply to virtual currency, one can view the many technical issues that arise as answering one of four questions.

Opponents like Sen. Ron Wyden claims the rules are politically motivated.

The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.

The live-streamed webinars will start in July.

How long should tax professionals hold onto the e-file signature authorizations of their clients? It depends on where they and their clients reside.

The Internal Revenue Service issued its annual inflation adjustment Wednesday for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

Equip your boots on the ground to recognize R&D worthy of credit.

For families who employ a nanny to care for their children in the home, there is the extra concern of what to do with their employee.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

The IRS is aiming to clarify some of the ramifications of the TCJA.

The guidance says some deductions of estates and non-grantor trusts are not considered to be miscellaneous itemized deductions.

The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.