Federal Tax Headlines

The IRS has asked for comments on the approval process for individuals and entities to be approved as continuing education providers. Registered tax return preparers…

The IRS Large and International Business (LB&I) Division provided additional guidance for examiners on the codified economic substance doctrine in a directive posted on its…

The Treasury Department and the IRS have announced plans to phase in the requirements of the Foreign Account Tax Compliance Act (FATCA), enacted as part…

The IRS has suspended certain requirements for low-income housing credit projects in order to provide emergency housing to those displaced by devastation caused by flooding…

If insufficient progress is made in the deficit talks by July 15, the focus of future meetings between the White House and congressional leaders will…

The Treasury and IRS have issued final regulations that address foreign tax payments attributable to structured passive investment arrangements. The regulations provide that foreign tax…

The new provisions would change IRS regulations closing a tax loophole benefiting credit default swaps that send money offshore. In addition, the bill targets the…

The White House is reviewing the back-up plan offered by Sen. Mitch McConnell, R-Ky., to prevent a partial default of U.S. debt obligations on August…

Senate Republicans said on July 12 that they will not let the government default and have devised a backup plan in the event that negotiations…