Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on ...
Real estate investors rarely get a second chance to revisit a tax election once it has been made, especially one the Internal Revenue Code labels “irrevocable.” Revenue Procedure 2026‑17 changes that.
WASHINGTON, DC - FEBRUARY 13: A sign for the Internal Revenue Service (IRS) is seen outside its building on February 13, 2025 in Washington, DC. Members of Elon Musk's Department of Government ...
Trump’s Prospects Are Dim in the E. Jean Carroll Case Here’s how to fix overcomplexity at the IRS and give Americans a tax system they can believe in. The Internal Revenue Service remains one of the ...
The Internal Revenue Service (“IRS”) and Department of the Treasury last week released final regulations (the “Final Regulations”) relating to investment tax credits under Section 48 of the (the “ITC” ...
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises. By Andrew Duehren Reporting from ...
A clerk searches through taxpayer documents in 2022 that have been stored in a cafeteria due to a lack of space at the Internal Revenue Service's office in Austin. (Matthew Busch/For The Washington ...