Tax regulations

The program offers qualifying taxpayers who have capital gains income a highly flexible way to defer and eliminate a portion of the federal gain and possibly state gain.

The Internal Revenue Service released a revenue procedure Wednesday offering guidance on the use of tax-exempt bonds to provide housing for military veterans, farm workers and other groups.

The institute also released guidance on auditing prior-period financial statements.

Failure to establish nexus may undermine a bid for research and development tax credits.

The final rules offer guidance on the penalty for failing to include information that’s supposed to be disclosed under the Small Business Jobs Act and how to calculate the amount.

The Internal Revenue Service is working on a new study analyzing the 62-year-old rules for corporate spinoffs.

Proposed regulations spell out the requirements under the Tax Cuts and Jobs Act, including some new forms.

The Treasury Department finalized the repeal Thursday of 296 obsolete or duplicative tax regulations in response to President Trump’s executive orders.

There has been no shortage of confusion as American taxpayers have started filing their returns for the first time under the 2017 tax overhaul.

Like-kind exchanges can vary greatly in their complexity. Basic transactions may require little mental horsepower to conduct, but some can be extremely tricky.

The relief is conditioned on the partnerships providing the missing information in a separate schedule by March 15, 2020.

The Internal Revenue Service is considering issuing rules that could invalidate some of the last remaining strategies in New York and Connecticut to circumvent the state and local tax, or SALT, deduction cap that kicked in for the 2018 tax year.

The Court of Appeals for the District of Columbia Circuit has given the IRS a victory in its quest to charge fees.

The Treasury and the service are seeking public comments on the proposal.

Testifying before the service, institute officials also addressed the calculation of adjusted taxable income and the treatment of partnership income.

The Institute has some recommendations about ways to improve the proposed regulations for implementing limitations under the Tax Cuts and Jobs Act.

The American Institute of CPAs is asking the Treasury and the IRS about their proposed regulations on estate and gift taxes under the Tax Cuts and Jobs Act.

The Internal Revenue Service reportedly had to cope with 5 million pieces of unopened mail when its employees returned to work after the 35-day government shutdown, and the agency posted advice on its website on how it was working to resume normal operations.

A perk pitched as a boon for mom-and-pop businesses in President Donald Trump’s tax law could shut out smaller real estate investors while benefiting the industry’s largest property developers.

The Internal Revenue Service and the Treasury Department issued final regulations spelling out how U.S.-based companies will have to pay repatriation taxes on offshore profits under Section 965 of the tax code.