High-end luxury cars stacked storage at Auto Concierge in Bozeman, Montan

California Tax Crackdown on Montana Plates Nets $4M, Charges

California recovered $4 million in unpaid taxes and fees from thousands of car owners and dealers, and brought criminal charges against 14 people as part of a crackdown on luxury vehicles plated in Montana to evade state taxes and registration costs, officials announced Friday.

DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup

State Tax Breaks for Data Centers Come Under Fire With AI Boom

Fiscal Stress Permeates Government Accounting Rule Writer's Work

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

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FIFA 2026 World Cup Blows the Whistle on Complex Tax Risks

The 2026 World Cup highlights the complexities of applying international tax treaties and social security and totalization agreements in international sports.

India Court Decisions on MLI Require Separate Notifications

India’s 2020 MLI implementation faces challenges due to court rulings requiring separate notification for each modified tax treaty.

How Does Tax and Business Alignment Drive Procurement Value?

Global disruption, rising costs, and digital innovation are transforming procurement into a critical driver of enterprise value—explore how a tax-informed operating model is reshaping the future of procurement.

Tax Developments

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IRS Issues Revenue Procedure on 2026 Inflation-Adjusted Depreciation Limitations for Passenger Automobiles

The IRS issued revenue procedures providing inflation-adjusted depreciation limitations for passenger automobiles, including trucks and vans, placed in service during calendar year 2026 under I.R.C. §280F. The revenue procedure contains ...

IRS Releases Updated Fact Sheet FAQs on Refundability, Recognizing Indian Tribal Governments for Special Needs Determination for Adoption Tax Credit

The IRS released an updated FAQs on refundability, and special needs determinations made by Indian tribal governments, for the adoption tax credit. The information includes clarifying the tax credit for ...

U.S. Appeals Court Affirms IRS Authority to Assess Penalties for Unreported Foreign Business Control

The U.S. Court of Appeals for the Second Circuit affirmed that the IRS can assess penalties under IRC §6038(b) for failure to report control of a foreign business, vacating and ...

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.

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