The IRS is undertaking its first full filing season since DOGE slashed a quarter of the agency’s 100,000-person staff. IRS employees have challenges: a backlog of returns, a shortage of employees, and HR and IT workers processing returns.
New York lawmakers will miss the April 1 budget deadline as the Senate and Assembly Democratic majorities negotiate with Gov. Kathy Hochul (D) on taxes, climate, and rising auto insurance premiums.
Data center projects are increasingly bumping up against homeowners wary of their impact. Those grievances have inspired once supportive state lawmakers—facing tighter budgets and higher cost of living for their constituents—to target the sales tax exemptions.
A concise look at how governance, transparency, and structured decision‑making enable family enterprises to endure beyond three generations.
CJEU rulings have clarified transfer pricing’s impact on VAT and customs, prompting corporate reassessment.
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.
The IRS has issued a private letter ruling on I.R.C. §7701 and Treas. Reg. §301.9100 granting a foreign entity 120 days to file Form 8832 to elect classification as an ...
The IRS has issued a private letter ruling on I.R.C. §168 and Treas. Reg. §301.9100 granting taxpayer a 60-day extension to file an election not to be treated as a ...
The IRS has issued a private letter ruling on Treas. Regs. §§301.9100 and I.R.C. §§441 and 442 granting taxpayer extension of time to file Form 1128 to adopt a 52-53 ...
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.
Two House lawmakers are seeking to build a coalition of industry leaders and lawmakers around their legislative approach to regulating the taxation of digital assets.
Washington has adopted its first income tax after Gov. Bob Ferguson (D) signed into law Monday a bill that applies a 9.9% levy on the roughly 30,000 taxpayers in the state who make more than $1 million a year.
Anna Els joined Nelson Mullins Riley & Scarborough as a partner in its estate planning and trusts team in Naples, the firm announced Monday.
The IRS can assess and collect civil restitution payments in a parallel proceeding against someone who has been convicted of a federal tax-related crime under Title 18, the Seventh Circuit held Monday in a case of first impression.
The Moldovan National Social Insurance House March 26 announced the same date signing of a social security agreement (SSA) with Slovakia. [Moldova, National Social Insurance House, 03/26/26]
The Polish Prime Minister’s Office March 26 announced that the Council of Ministers adopted a bill to reduce the VAT rate on supplies of fuel. The bill includes a measure ...
The Ecuadorian President’s Office March 26 signed Decree No. 341, ratifying the social security agreement (SSA) with Canada, signed June 24, 2024. The decree enters into force upon publication in ...
The Finnish Tax Administration March 26 posted online Central Tax Board Preliminary Decision No. KVL:2026/2, clarifying the VAT treatment of meal and catering services. The taxpayer, a provider of meals ...
The Polish Ministry of Finance March 26 announced the second stage of implementation for the national e-invoicing system (KSeF). The announcement includes that: 1) taxpayers with 2024 sales not exceeding ...
The Austrian Federal Ministry of Finance March 25 posted online Federal Finance Court Decision No. RV/7100015/2025, clarifying the denial of a capital gains tax refund on dividends withheld. The taxpayer, ...
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