Tax regulations

The Internal Revenue Service had a difficult time coming out with guidance, forms and instructions for provisions of the Tax Cuts and Jobs Act like GILTI.

The tax break allows businesses to write off most depreciable business assets during the year they are placed in service.

Tax-exempt organizations, including many political groups, will be able to avoid disclosing the names of their contributors, despite a recent court decision.

The former Soviet republic of Georgia is another jurisdiction where interest payments must be reported.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.

The Internal Revenue Service and the Treasury Department issued a notice saying they intend to issue regulations for determining global intangible low-taxed income.

There are some powerful ways to help your clients defer gains and help communities.

Taxpayers can make a late election, or revoke an earlier election, for the tax break for property they have acquired for a business.

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.

At the top of the list is one particularly vexing provision: the section 199A qualified business income deduction.

The Internal Revenue Service has issued a revenue procedure giving some partnerships extra time to file a Form 1065 and the accompanying Schedule K-1.

The Internal Revenue Service posted three revenue procedures Monday of special interest to the insurance industry.

The Internal Revenue Service offered additional information for multinational companies repatriating their foreign profits under the Tax Cuts and Jobs Act.

The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service about accounting methods for small-business taxpayers and how to determine whether a taxpayer qualifies as a small business.

Substantial changes in the regulations for the new global intangible low-taxed income could mean that many more amended K-1 schedules will be necessary for tax practitioners this year.

The Internal Revenue Service is allowing employers to truncate taxpayer identification numbers to protect employees from identity theft.

The Internal Revenue Service has set up a process for carefully vetting videos after a series of embarrassing educational videos were uncovered several years ago featuring IRS officials and employees appearing in spoofs of TV series such as "Star Trek," "Gilligan’s Island" and "Mad Men," along with a dance music video.

NCCPAP wants the Treasury to have the authority to regulate tax professionals.

The Internal Revenue Service has released rules with the formula that determines how much Ivy League universities and other wealthy colleges will pay under a new tax.

Some private educational institutions are now facing taxes on their investments under the Tax Cuts and Jobs Act.