Category Archives: Tax News

  • 0

Final regs address taxes on gifts to taxpayers from ex-U.S. citizens, residents

Category:Tax News

The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago.


  • 0

Final regs address taxes on gifts to taxpayers from ex-U.S. citizens, residents

Category:Tax News

The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago.


  • 0

Final regs. address resolution of federal tax controversies by Appeals

Category:Tax News

The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022.


  • 0

Final regs. address resolution of federal tax controversies by Appeals

Category:Tax News

The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022.


  • 0

IRS testing changes to alternative dispute resolution programs

Category:Tax News

New pilot programs involve fast-track settlements and post-appeals mediation.


  • 0

Prop. regs. address expanded annual compensation deduction limitation

Category:Tax News

The regulations provide guidance on determining who is one of the “five highest compensated employees” under Sec. 162(m)(3)(C).


  • 0

Prop. regs. issued for spinoff transactions and their reporting

Category:Tax News

The IRS said it used feedback from tax advisers to write the proposed regulations, which include new multiyear tax reporting requirements.


  • 0

Regs. identify microcaptive transactions as reportable transactions

Category:Tax News

The final regulations, posted by the IRS on Tuesday in the Federal Register, identify certain microcaptive transactions as reportable listed transactions or transactions of interest.


  • 0

Prop. regs. address 401(k), 403(b) automatic enrollment requirement

Category:Tax News

The proposed regulations provide guidance to plan administrators on implementing the automatic enrollment requirement established by the Secure 2.0 Act.