IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
IRS Issues New Guidance on Stock Buyback Tax
By Melanie WaddellCorporations do not yet have to pay the tax but should keep records, the IRS confirmed.
June 22, 2023
House Passes Revamped Employer Cash-for-Coverage BillThe original H.R. 3799 language introduced by Kevin Hern is now part of a bigger package.
June 15, 2023
New Bill Would Expand Pool of Individual Health Coverage ShoppersThe House is preparing to vote on a bill that would expand the use of employer cash to pay for workers' individual health coverage.
June 09, 2023
Debate: Should States Offer a SALT Cap Workaround?Our tax experts discuss states using pass-through entity taxes to get around the SALT cap.
June 05, 2023
IRS Makes Annuity Mortality Table Update, With a SmileThe agency will allow flexibility on timing, and decimal places.
June 01, 2023
What's at Stake for Social Security as Debt Deal Moves to SenateExperts fear reduced resources for the IRS will have unintended consequences.
May 28, 2023
Biden, McCarthy Forge Debt Deal in Bid to Avert DefaultThe deal would clawback funding for IRS agents and speed up some energy project environmental reviews, according to a GOP summary.
May 25, 2023
New Bipartisan Bill Could Help Tax Extension FilersClients could stay on good terms with the IRS by paying 125% of what they paid the previous year.