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Emma Slack-Jorgensen
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IRS Drafting New Regulations on Digital Asset Reporting Requirements
Taxation
The IRS is in the process of drafting proposed regulations on digital asset reporting requirements, but the details are yet…
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IRS Adds Protections to Guard Against Identity Theft
Taxation
The IRS announced that it has added new protections to two of its systems in order to guard against identity theft,…
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IRS Warns of Scams on Social Media That May Lead Taxpayers to File Erroneous Claims
Taxation
The IRS has issued an alert about a series of tax scams and inaccurate social media advice. Such scams have prompted…
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IRS Holds Hearing on Plan to Tighten Restrictions on Donor-Advised Funds
Taxation
The IRS is considering toughening restrictions on donor-advised funds (DAFs), and it recently held a public hearing to…
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House Adopts Resolution to Invalidate SEC Bulletin on Listing Crypto as Liability
Accounting
On May 8, the U.S. House of Representatives approved a joint resolution to invalidate a Securities and Exchange Commission…
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IRS Commissioner: Taxpayers Have Withdrawn Claims for $400M in Employee Retention Credits Deemed Ineligible
Taxation
Commissioner Werfel testifying before the House Subcommittee on Financial Services and General Government Claims for almost…
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IRS Commissioner Details Plans for Audits of Corporations and the Rich
Taxation
IRS Commissioner Danny Werfel offered some specifics about the agency's plans for audits of wealthy individuals and…
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IRS Cites Improvements As It Releases Updated Strategic Operating Plan
Taxation
The IRS released an update of its strategic operating plan, which outlined the agency’s future plans and highlighted…
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Bill to Expand Child Tax Credit and Restore Tax Breaks Now in Jeopardy
Taxation
A bipartisan compromise to expand the child tax credit (CTC) and restore some corporate tax breaks is now imperiled, due to…
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