Returning to Capitol Hill, House Speaker Paul Ryan, R-Wis., discussed some of his plans for 2016. The IRS withdrew regulations about substantiating certain charitable contributions…
The IRS announced an increase in the tangible property expensing threshold for taxpayers without applicable financial statements (AFS). While on their Thanksgiving recess, lawmakers continued…
While Congress continued its August recess, the IRS issued guidance in a number of areas, including rules on foreign currency debt transactions and proposed rules…
The Senate Budget Committee held a field hearing during the August recess to learn more about the government’s efforts to curb stolen identity refund fraud.…
A bipartisan group of House lawmakers asked Treasury Secretary Jack Lew to personally review the IRS’s performance during the 2015 filing season. The IRS announced…
Lawmakers have started their August recess, but before breaking the Senate Finance Committee (SFC) issued a report on the IRS’s processing of applications for tax-exempt…