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Emma Slack-Jorgensen
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Treasury and IRS Issue Safe Harbor Deed Language for Conservation Easement Deeds
Taxation
The Treasury Department and IRS) issued a notice that provided safe harbor deed language for extinguishment (termination or…
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IRS Issues Strategic Operating Plan for $80B from Inflation Reduction Act
Taxation
The IRS has released a strategic operating plan for the the nearly $80 billion in funding allocated to it by the Inflation…
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IRS Improving Tax Season Performance
Taxation
The IRS continued to improve its filing season performance in March and has met other objectives, Stephen Mankowski, tax…
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IRS and Treasury Extend Transition Period for Exception to Taxation of Foreign Royalties
Taxation
The IRS and the Treasury Department are extending a transition period for an exception to the requirement for companies to…
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TIGTA Finds IRS Employee Suggestion Program Elimination Possibly' Premature'
Taxation
The IRS eliminated its Employee Suggestion Program (ESP) without plans for a substitute, a decision that the Treasury…
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Report Warns of Five Tax Myths on TikTok
Taxation
With members of Generation Z using TikTok as a search engine, gig workers in that cohort may turn to that platform for tax…
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Companies Seek Guidance on Corporate Minimum Tax Due to Extraordinary Transactions
Taxation
Some business leaders and companies are concerned that certain one-time business transactions would make them liable to pay…
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IRS Extends Tax Deadlines to May 15 for New York Winter Storm Victims
Taxation
The IRS has extended the deadlines for the filing of various federal individual and business tax returns, and for the…
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Accounting Pros Applaud IRS Moves on NFTs
Taxation
Accounting professionals are encouraged by the IRS's preliminary guidance regarding the tax treatment of nonfungible tokens…
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