The IRS has issued transitional guidance on business meals and entertainment under the Tax Cuts and Jobs Act (TCJA).
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IRS Announces Per Diem Rates For Taxpayers
The IRS has released new per-diem numbers, effective October 1, 2018.
Read MoreIRS Says No To Big Withholding Form Changes Until 2020 Tax Year
The IRS has indicated that it “will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.”
Read MoreIRS Announces Tax Relief For Taxpayers Affected By Hurricane Florence
The Internal Revenue Service (IRS) has announced tax relief for victims of Hurricane Florence.
Read MoreIRS Offers Guidance On Credit For Dependents And HOH Status
The Tax Cuts and Jobs Act (TCJA) made a number of changes that affect the tax burden on families. However, those changes did lead to
Read MoreProposed SALT Regulations Would Limit Effectiveness Of State Workarounds
You can’t always get what you want. But if you try sometimes, you find. You get what you need. Those may be words crooned by
Read MoreNew Pass-Through Rules Could Add $1.3 Billion In Compliance Costs
Earlier this week, the Internal Revenue Service (IRS) issued proposed regulations for Section 199A, a key element of the Tax Cuts and Jobs Act. The section 199A
Read MoreIRS Issues Proposed Section 199A Regulations
When Congress tackled tax reform last year, the tax treatment of businesses was front and center. The new tax law permanently lowered the tax rate
Read MoreCrypto, S Corps On List Of IRS Compliance Campaigns
The Large Business and International of the Internal Revenue Service (IRS) has announced five additional compliance campaigns. The campaigns target AMT credits carryforwards, S corporation distributions, virtual currency, certain re-orgs, and transition tax.
Read MoreIRS-CI Joins Effort To Fight Tax & Crypto Crimes
Leaders of tax enforcement authorities – including the IRS – have announced that they have created a united operational alliance, the Joint Chiefs of Global Tax Enforcement, known as the J5, to fight global tax, cryptocurrency and financial crimes.
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