New audit guidance released regarding the meaning of ‘substantially complete’ with respect to international information return penalties.
Mobile workforce legislation passes the House for the second time in a year, but still must make significant progress in the Senate.
Court rules loss on disposal of partnership interest was not ordinary abandonment loss as golf retailers claimed, but rather a capital loss.
The IRS may provide relief to certain financial institutions required to collect foreign TINs by Jan. 1, 2018.
The tax court concluded that constructive ownership rules cause deductions to be deferred until participant includes amount in income.
IRS news release notifies taxpayers with foreign contacts of new and pending filing deadlines as well as other reporting requirements.
IRS releases proposed regulations governing new centralized partnership audit regime after regulatory freeze delayed initial guidance.
Rev. Proc. 2017-34 makes it easier (and cheaper) to obtain an extension to elect portability of decedent spouse’s unused exclusion.