The continuing resolution will allow the IRS and other federal government agencies to reinstate normal operations.
Tax Court found CFC’s guarantee of parent’s loan to be an investment in U.S. real property, and thus resulted in income inclusion.
The change means that the IRS will not issue a transfer pricing information document request anytime forms 5471 or 5472 are filed.
The IRS released guidance allowing for late medical device excise tax deposits for excise taxes that resumed Jan. 1.
In order to combat identity theft, the IRS asks tax professionals for additional information and has updated Forms 2848 and 8821.
The IRS released information defining seriously delinquent tax debts and taxpayers rights if passports are revoked because of those debts.
Nation’s highest court to hear first state tax nexus case in 26 years, decision on remote sales tax collection expected by end of summer.
Employers have until February 15 to implement new 2018 income tax withholding rates to reflect recent law changes.