Corporate Tax Disclosures Let Investors Peer Into the Black Box

Accounting Firms Navigate Compensation as AI Tools Upend Work

IRS Pivots to Fill Holes in Tax Filing Season After DOGE Cuts

How Tax Administration Reforms Could Pass Congress This Year

Bloomberg Tax Journals

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Beware of the Measurement Gaps in New Small Business Stock Rules

Practitioners who treat the 2025 federal tax law simply as a gift-wrapped expansion of qualified small business stocks are walking into real compliance risk. Practitioners who move quickly to address the statute’s measurement gaps now will have an advantage going forward.

Don’t Let Your IP Transfer Pricing Catch You Off Guard

As fast-growing companies expand across borders, failing to align IP ownership with where value is created can trigger significant tax and deal risks.

Puerto Rico’s Act 60: When Are Pre-Move Bitcoin Gains Taxed?

An analysis of whether Bitcoin, and other cryptocurrencies owned prior to relocating to Puerto Rico constitutes “tainted property,” and the significant implications for Act 60 residents whose capital gains may remain subject to US tax.

Tax Developments

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IRS Updates Educational Assistance FAQs

The IRS has issued updated frequently asked questions on employer-provided educational assistance programs under IRC §127. The guidance confirms that employees may exclude up to $5,250 in educational assistance benefits ...

U.S. Tax Court Rules Life Insurance Policy Termination Results in Taxable Income for Business Owner

The U.S. Tax Court held that a taxpayer constructively received taxable income from a life insurance policy termination despite the proceeds being used to satisfy outstanding loans because he retained ...

IRS Issues PLR Confirming Tax-Free Spin-Off, Subsequent Merger

The IRS has issued a private letter ruling on I.R.C. §355 confirming a series of tax-free corporate separations in which Distributing will transfer SpinCo Business assets to Controlled 1 followed ...

IRS Shakeup: How Is the US Tax Agency Adapting to Trump's Vision?

Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.

Latest Stories

States Rethink Income Tax Cuts as Triggers Fail to Guard Budgets

North Carolina’s Republican-led legislature returns to session Tuesday at odds with the state’s Democratic governor—and itself—over whether to pause the state’s planned personal and corporate income tax cuts to address a potential $2.8 billion budget deficit in two years.

FROM ACROSS BLOOMBERG TAX

Daily Tax Report InternationalDaily Tax Report StateTransfer Pricing ReportThe Exchange: Tax Insights & Commentary
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  • Daily Tax Report State
  • Transfer Pricing Report
  • The Exchange: Tax Insights & Commentary

United States, Saudi Arabia Sign TIEA

The United States Department of the Treasury April 15 announced the April 14 signing of a tax information exchange agreement (TIEA) with Saudi Arabia. [United States, Department of the Treasury, ...

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