Pandemic Credit Refund Suits Expected to Surge as Deadline Nears
A growing number of employers who were denied pandemic-era tax credits are weighing whether to sue the IRS for their refunds, as a deadline to do so nears.
Daily Tax Report ®
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.
IRS Micro-Captive Insurance Reporting Rule Upheld as Reasonable
The IRS acted within its authority when issuing a reporting regulation identifying some micro-captive insurance arrangements as tax abusive, a federal judge in Tennessee held, rejecting a challenge to the rule.
PODCASTS
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
Columns + Commentary
Danny Werfel By All AccountsMinnesota Probes Reveal That Fraud Prevention Requires Tradeoffs
Andrew Leahey Technically SpeakingVolkswagen Move to Vacate Onshoring Shows US Tariff Policy Flaws
- Andrew Leahey Technically Speaking
NY Budget Leaves the Future Vulnerable to Avoid Political Pain
- Andrew Leahey Technically Speaking
IRS Partnership Audit Brain Drain Is an Opportunity for States
Practitioner Insights
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Yvonne Hinson
American Accounting Association
Aleksandra Bal
Stripe
Megan Brackney
Kostelanetz
Bloomberg Tax Journals
View MoreDOL Proposes to Replace the 2024 Independent Contractor Rule
The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.
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.
Tax Developments
View MoreIRS Issues Private Letter Ruling Granting Extension for Foreign Insurance Company to Elect Domestic Corporation Treatment
The IRS issued a private letter ruling on I.R.C. §953 and Treas. Reg. §301.9100, granting a foreign insurance company a 90-day extension to elect domestic corporation treatment effective from its ...
IRS Issues Private Letter Ruling Finding Medicaid Payments to In-Home Care Providers Excludable Difficulty of Care Payments
The IRS issued a private letter ruling on I.R.C. §§131, 6041, and 6051, determining that Medicaid payments made under a state’s in-home supportive care program to care providers residing with ...
IRS Issues Private Letter Ruling on Nuclear Decommissioning Fund Transfers
The IRS issued a private letter ruling on I.R.C. §§468A, 671, and 1001 confirming that assets transferred from qualified nuclear decommissioning funds to nonqualified funds will be disqualified, deemed distributed ...
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
Chicago to Pitch $800 Million Bond Sale Amid March Muni Slump
Chicago is set to test the municipal bond market as war in the Middle East upends
Colorado Justices Toss Initiative to Add Voter Approval for Fees
The ballot for Colorado’s 2026 general election won’t include an initiative to require voter approval for certain fees because the measure’s scope too was broad, the state justices ruled Monday.
Argentine Bondholders Get Fraction of $35 Million Suit Revived
Several Argentine investors can resume claims against their government to recover $5.5 million out of nearly $36 million in principal they allegedly lost on defaulted bonds, the Second Circuit ruled Monday.
OpenAI Buying AI Security Startup Promptfoo to Safeguard Agents
FROM ACROSS BLOOMBERG TAX
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- The Exchange: Tax Insights & Commentary
United Arab Emirates Tax Agency Announces VAT Return Filing Deadline
The Emirati Federal Tax Authority March 6 announced the March 30 deadline to file VAT returns. [United Arab Emirates, Federal Tax Authority, 03/06/26]
Bangladesh Tax Agency Posts Text of DTA With Qatar in English, Bengali
The Bangladeshi National Board of Revenue Nov. 12, 2025, posted online the text, in English and Bengali, of the DTA with Qatar, signed April 23, 2024, which entered into force ...
Saudi Arabia Tax Agency Announces February 2026 Withholding Tax Declaration Filing Deadline
The Saudi General Authority of Zakat and Tax March 5 announced the March 10 deadline for entities to file February 2026 withholding tax declarations. The announcement includes that: 1) the ...
Philippines Court of Tax Appeals Issues Decision Clarifying Unutilized Input VAT Refunds on Zero-Rated Sales
The Philippine Court of Tax Appeals March 2 issued a decision in CTA EB No. 2864, clarifying unutilized input VAT refunds on zero-rated sales. The taxpayer, a domestic corporation, sought ...
Philippines Court of Tax Appeals Issues Decision Clarifying Unutilized Input VAT Refunds on Zero-Rated Sales
The Philippine Court of Tax Appeals March 2 issued a decision in CTA EB No. 2971, clarifying unutilized input VAT refunds on zero-rated sales. The taxpayer, a domestic corporation, sought ...
Philippines Court of Tax Appeals Issues Decision Clarifying Refunds of Excess, Unutilized Input VAT
The Philippine Court of Tax Appeals Feb. 27 issued a decision in CTA EB No. 3023, clarifying unutilized input VAT refunds on zero-rated sales. The taxpayer, a renewable energy developer ...
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