The IRS’s approach to auditing large partnerships has been inadequate, largely because of limited resources and a faulty approach to identifying partnerships for closer scrutiny, a Treasury Department watchdog said Monday.
Attempts to repeal or carve out certain business purchases from Maryland’s 3% sales tax on data and information technology services stalled at a key legislative deadline Monday.
A whistleblower is urging federal authorities to investigate a tax shelter that allegedly allows wealthy Americans to claim large charitable tax deductions after donating digital technology to small 501(c)(3) organizations. The company promoting the strategy told the Senate Finance Committee it’s done nothing wrong.
Businesses that invest early in an integrated tax‑and‑transfer-pricing strategy will be best positioned to navigate whatever form the global minimum tax ultimately takes.
Treasury and IRS propose rules for “Trump accounts,” covering setup, authorization, and pilot contributions, with further guidance pending.
Academic and religious organizations face unique and challenging Social Security rules, including statutory elections and important international considerations, requiring careful consideration to ensure compliance and protect employee benefits.
The IRS has issued a notice inviting the public to submit recommendations for items to be included in the 2026-2027 Priority Guidance Plan. This plan will identify tax guidance projects ...
The U.S. Tax Court, in a memorandum decision, held that the taxpayer was required to include Social Security disability benefits received in 2022 in his gross income, even though he ...
The IRS has issued a private letter ruling on I.R.C. §7701 and Treas. Reg. §301.9100 granting a foreign entity 120-day extension to file Form 8832 for classification as a disregarded ...
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.
The SEC’s advice to companies grappling with new income tax disclosure requirements reflects the Trump administration’s emphasis on streamlining financial reporting.
A plan to levy a 3% tax on digital companies providing services to users in Poland appeared Tuesday on the government’s legislative agenda, marking a key advancement for the project.
Voter ID funds and post-election audit grants for states are among the proposals Republicans on the House Administration Committee are floating for a second party-line bill, according to a document obtained by Bloomberg Government.
Polsinelli chair Chase Simmons, who leads one of the fastest growing firms in the country, talked on Bloomberg Law’s podcast, On The Merits, about how Polsinelli is adopting AI across the firm. He also explained Polsinelli’s focus on being a “daily and weekly law firm” for its clients and discussed his views on the Trump administration’s attacks on the legal industry.
The Australian Official Gazette March 20 published Act No. 46, Compilation No. 230, on the updated consolidated text of the Social Security Act 1991, current as of the same date. ...
The Austrian Official Gazette March 20 published a regulation updating the list of participating jurisdictions under the Multilateral Competent Authority Agreement (MCAA) on the automatic exchange of financial account information ...
The South African Official Gazette Feb. 3 published Notice No. 7083, increasing the hourly national minimum wage rates. The hourly national minimum wage rate increases are: 1) to 30.23 South ...
The Mexican Official Gazette March 20 published Agreement No. 40/2026, setting tax incentives for companies engaging in the production and sale of gasoline products within an area up to 45 ...
The Mexican Official Gazette March 20 published Agreement No. 41/2026, setting tax incentives for the production and sale of gasoline products in the border region with Guatemala. The rates apply ...
The Mexican Official Gazette March 20 published Agreement No. 39/2026, setting the amounts and rates of the tax incentives for automotive fuel production and related services, from March 21 to ...
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