
Trump, IRS Ask for Pause in $10 Billion Suit Over Tax Data Leak
President

President

Canada will likely pursue a more ambitious tax-cutting agenda for companies after the governing Liberal party secured a majority in Parliament, tax professionals said.

Governor



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.
As fast-growing companies expand across borders, failing to align IP ownership with where value is created can trigger significant tax and deal risks.
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.
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 ...
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 ...
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 ...
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.
There is little debate at this point that generative AI is saving law firms time. The question now becomes: Who will save money?
Prediction markets—online platforms that let people bet on event outcomes—are a booming business. But they need to be clearly defined from a legal standpoint before being taxed at a state level.
Indian trade officials will seek comparative advantage over other countries during negotiations to advance a trade deal with Washington this week.
Prediction markets—online platforms that let people bet on event outcomes—are a booming business. But they need to be clearly defined from a legal standpoint before being taxed at a state level.
Indian trade officials will seek comparative advantage over other countries during negotiations to advance a trade deal with Washington this week.
The UK will seek to speed up efforts to cut the costs of green electricity by reducing its exposure to more expensive gas.
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, ...
The Kenyan lower house of parliament (National Assembly) April 10 accepted for consideration Bill No. 21, the VAT (Amendment) Bill 2026. The bill includes a measure to reduce to 8 ...
The Kenyan lower house of Parliament (National Assembly) April 2 accepted for consideration Bill No. 20, the Income Tax (Amendment) Bill 2026. The bill includes measures to: 1) exempt from ...
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