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Tax Court: As to Listed Transaction, IRS Must Adhere to APA | JD Supra
JD Supra· 6 days agoIn the late 1990s and early 2000s, the IRS was confronted with a proliferation of corporate transactions that it viewed as aggressive tax shelters. Relying on the authority ...
Democrats Avlon and Goroff debate East End issues - Riverhead News Review
The Riverhead News-Review· 6 days agoLaLota, the incumbent running for reelection. This is Ms. Goroff’s second run for the 1st District...
U.S. Treasury, IRS to Close $50 Billion Tax Loophole on Partnerships
US News & World Report· 2 days agoThe U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex partnerships, an action that they estimated could ...
IRS Crackdown Takes New Aim at Partnerships’ Maneuvers
The Wall Street Journal· 2 days agoThe proposals attack a technique known as basis shifting among related parties, where partnerships...
Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
CNBC· 2 days agoThe U.S. Department of the Treasury and the IRS on Monday unveiled a plan to "close a major tax...
Warren turns on Democrats in tax fight
The Hill· 2 days agoThat $78 billion proposal, engineered by top Senate tax-writer Sen. Ron Wyden (D-Ore.) along with House Ways and Means Committee Chair Jason Smith...
Biden economic advisor unveils 'key principles' for tax policy plan ahead of expiring Trump tax cuts
CNBC· 6 days agoPresident Joe Biden's top economic advisor on Thursday unveiled plans to address trillions of...
Upcoming presidential election could drastically alter stock market returns. Or will it?
USA TODAY via Yahoo Finance· 3 days agoLess important was which party controlled Congress following midterm elections. In terms of...
Biden economic advisor unveils ‘key principles' for tax policy plan ahead of expiring Trump tax cuts
NBC Dallas Fort Worth· 6 days agoPresident Joe Biden’s top economic advisor unveiled plans to address the battle over trillions in...
Trump Floats Tariff Hikes to Offset Some Income Tax Cuts
Bloomberg via Yahoo News· 6 days ago...Pay’ OpenAI for ChatGPT Through Distribution, Not CashLuxury Labels Slash Prices 50% to Lure Wary...