IRS Archives

Chicago Enacts Social Media Amusement Tax and Increases Personal Property Lease Tax to 15%

IRS

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IRS Issues New CAMT Guidance for Corporations with Partnership Income

IRS

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Top 5 Tax Mistakes Law Firms Make — and How to Avoid Them

IRS

Internal Revenue Service headquarters building

1099 Compliance Guide for Professional Services Firms

Compliance

Image of fly and venus flytrap representing the common 1099 pitfalls many professional services firm fall into

FAQ: What Tax Leaders Need to Know About Proposed IRS and Tax Court Reforms

Compliance

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IRS Penalty Authority and Tax Court Reforms Advance in House

High Net Worth

Gavel, dollars, and documents representing IRS penalty and tax court reforms

IRS Remains Fully Staffed for Now as Government Shuts Down

Government

IRS Remains Fully Staffed for Now as Government Shuts Down. The shutdown will affect the prospects for tax legislation this year

Electronic Filing for Benefit Plans: What You Need to Know in 2025

Audit

Why the IRS Just Made It Easier to Reduce BEAT Exposure on Intercompany Services

Biotechnology

Man boxing

IRS Reinstates Prior Spinoff Guidance Through Revenue Procedure 2025-30

IRS

Alt-text: IRS reinstates simpler spinoff rules bringing back earlier guidance under Revenue Procedure 2025-30 — simplifying Section 355 transactions

State Conformity Planning Considerations Following Passage of the OBBBA

Government

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New Tax Act Changes to Qualified Small Business Stock Under Section 1202

IRS

The new tax bill introduces changes to Section 1202