On February 21, 2025, the Internal Revenue Service (“IRS”) released Notice 2025-15, providing guidance to employers and insurers regarding ...

Acting IRS chief counsel William Paul is set to be demoted to his previous role, and replaced by Andrew De Mello, another IRS ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...

Mark Everson, who served as IRS commissioner under George W. Bush, said he supported efforts to streamline the IRS. But he ...

The Internal Revenue Service (IRS) recently issued Private Letter Ruling (PLR) 202504006, addressing several important estate and gift tax ...

On January 10, 2025, the United States Internal Revenue Service (the "IRS") released final regulations (the "Final ...