On January 14, 2025, the Department of the Treasury and the Internal Revenue Service issued proposed regulations (Proposed Regulations) relating ...

On January 16, the Internal Revenue Service (IRS) published proposed regulations ( 90 FR 4691) under Section 162(m) of the ...

The IRS is organised to carry out the responsibilities of the Treasury Secretary per Internal Revenue Code (IRC) Section 7801. The IRS was created based on the secretary's authority to administer ...

The TAC analyzed factors such as taxpayers’ lack of complete records, expertise, and history of losses, and concluded their cattle-related enterprise was an activity not engaged in for profit under ...

Under Section 6417 of the Code, as enacted by the Inflation Reduction Act (IRA), certain taxpayers that fall within the statutory definition ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some short-term financial relief.

If an investor uses IRS Code Section 1031 to recognize ... To record the Section 1031 exchange with the Internal Revenue Service, it is important to file Form 8824 with the tax return for the ...

On his first day in office, among the numerous Executive Orders (EO) released, President Donald Trump announced the America First Trade Policy ...

The IRS is organised to carry out the responsibilities of the Treasury Secretary per Internal Revenue Code (IRC) Section 7801. The IRS was created based on the secretary's authority to administer and ...

Tornator was closely involved in this process and does not foresee that the changes will cause any significant loss of revenue ... guided by a Code of Conduct that is common to all countries ...

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Sees Q1 gross margin 47.0%-47.5% and operating margin 7.7%-9.7%. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...