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- Two Senate Democratic taxwriters are scrutinizing IRS Commissioner nominee Billy Long’s ties to a company that has been promoting tax credits that the IRS says don’t exist. Read more: www.taxnotes.com/tax-notes-to...
- A district court judge refused to enjoin the IRS from disclosing tax information to the Department of Homeland Security to help with immigration enforcement under a new agreement between the agencies. Read more: www.taxnotes.com/tax-notes-to...
- Treasury would be required to end Direct File and explore the creation of a new public-private filing program under the tax package proposed by House Republicans. Read more: www.taxnotes.com/featured-new...
- A former Treasury official expressed hope that the Trump administration’s tariffs, though ill-advised, could spur policymakers to give more credence to the merits of a consumption-based tax in the United States. Read more: www.taxnotes.com/tax-notes-to...
- The IRS will have to revamp its audit and litigation strategy for partnership related-party basis-shifting transactions following the Trump administration’s repeal of a guidance package, according to a former Treasury official. Read more: www.taxnotes.com/tax-notes-to...
