Tax regulations

We favor Americans adopting American children from foster care when feasible, but current U.S. tax law benefits domestic and foreign adoptions.

A federal rule aimed at limiting corporate “earnings stripping’’ for tax-avoidance purposes may pose an undue burden on taxpayers and may be changed or rescinded, according to an Internal Revenue Service notice.

The Trump administration aims to identify and remove burdensome recent regulations (slideshow).

The Treasury Department has issued a notice proposing to rescind or modify eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations.

The Internal Revenue Service has issued a memorandum for its field examiners instructing them that frequently asked questions and other items posted on the agency’s IRS.gov site that have not been published in the Internal Revenue Bulletin are not considered to be legal authority.

After every tax season, it’s tempting to do some spring cleaning, which often includes a massive dump of recently filed tax data.

The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking them to postpone the effective date of the centralized partnership audit regime for one year until the end of 2018.

A recent ruling by the Tax Court might help soften the blow to employers confronted with income tax liability for workers that have been reclassified as employees.

The Internal Revenue Service has released a revenue procedure that offers an easier way to get an extension of time to file a return to opt for portability of the deceased spousal unused exclusion amount.

The American Institute of CPAs has sent a list of six tax regulations to Treasury Secretary Steven Mnuchin that it wants the Treasury Department to review under an executive order from President Trump calling for reducing overly burdensome tax regulations.

The Internal Revenue Service recently published an update to Publication 5146, Employment Tax Returns: Examinations and Appeal Rights, explaining the procedures IRS auditors use to conduct employment tax examinations and an employer’s rights and responsibilities during and after the examination process.

Taxpayers were required to file disclosures of so-called “micro-captive transactions” with the Internal Revenue Service by the beginning of this month, and many of them found it wasn’t so easy.

The Internal Revenue Service released the 2018 inflation-adjusted limitations for health savings accounts Thursday.

The Internal Revenue Service has released a revenue procedure that provides guidance on several aspects of the Protecting Americans from Tax Hikes Act of 2015, including the expensing of section 179 property, the additional first-year depreciation deduction, and the qualified Indian reservation property depreciation provision.

The president is signing an executive order Friday directing Treasury Secretary Steven Mnuchin to review any significant tax regulations from last year, especially those that might burden Americans.

The Office of Professional Responsibility is trying to expand its authority over preparers – and running into opposition.

The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability.

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard.

The Internal Revenue Service has published its annual update on the depreciation and inclusion tables for owners and lessees of vehicles.

The American Institute of CPAs wants lawmakers to reintroduce a bill to make various fixes to the tax laws.