IRS-DHS Data Sharing Execution Questioned by Appeals Court

A federal appeals court appeared skeptical Tuesday of the government’s bid to lift a preliminary injunction blocking the IRS from sharing taxpayer data with immigration authorities after mistakenly disclosing thousands of immigrants’ records.

Corporate Tax Disclosures Let Investors Peer Into the Black Box

Accounting Firms Navigate Compensation as AI Tools Upend Work

IRS Pivots to Fill Holes in Tax Filing Season After DOGE Cuts

How Tax Administration Reforms Could Pass Congress This Year

Bloomberg Tax Journals

View More

AI’s Long-Term Effects for Retirement Plans, Fiduciaries Unknown

AI changes work itself: who stays employed longer, who exits earlier, which employers can spread costs and governance through pooling, and which collectively bargained industries see their contribution base strengthened or weakened, says Hall Benefits’ Samuel Krause in the second of a two-part article.

How Will AI Shock Retirement Plans and Their Fiduciaries?

The current effects of AI on retirement plans are operational, fiduciary, and uneven across plan types, says Hall Benefits’ Samuel W. Krause in the first of a two-part article.

AI Reshapes Employer Group Health Plans for Fiduciaries—Pt 3

AI adoption raises profound ethical concerns—such as bias, transparency, privacy, and fairness—that ERISA fiduciaries must actively manage under their duties of prudence and loyalty, SBMA’s Alden Bianchi states.

Tax Developments

View More

U.S. District Court Finds Taxpayer Has Standing for Estate Tax Refund Claims

The U.S. District Court for the Middle District of Florida held that a sole estate beneficiary had standing to pursue a federal tax refund claim where no personal representative had ...

U.S. Court of Federal Claims Dismisses Penalty Refund Claims for Untimely Filing

The U.S. Court of Federal Claims held that a taxpayer failed to establish jurisdiction over his refund suit because he did not file timely administrative refund claims within the statutory ...

U.S. District Court Dismisses Challenge to IRS Third-Party Summons for Collection Proceedings

The U.S. District Court for the Western District of Oklahoma held that the IRS was not required to provide notice before issuing a third-party summons to a bank because the ...

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

FROM ACROSS BLOOMBERG TAX

Daily Tax Report InternationalDaily Tax Report StateTransfer Pricing ReportThe Exchange: Tax Insights & Commentary
  • Daily Tax Report International
  • Daily Tax Report State
  • Transfer Pricing Report
  • The Exchange: Tax Insights & Commentary

EU Court Sides with Stellantis in Key VAT Transfer Pricing Case

Stellantis, the owner of Fiat and Chrysler, secured a victory Wednesday at the European Court of Justice, which ruled that the automaker’s price adjustments with local dealers didn’t count as a service, and therefore it didn’t owe value-added tax on those adjustments.

Looming Global Minimal Tax Deadlines Require Clarity and Urgency

As businesses finalize their first forms to comply with global minimum tax rules, the OECD must move fast to clarify its filing expectations, exchange assumptions, and whether transitional relief will be available, Business at OECD’s Christian Kaeser says.

AI’s Long-Term Effects for Retirement Plans, Fiduciaries Unknown

AI changes work itself: who stays employed longer, who exits earlier, which employers can spread costs and governance through pooling, and which collectively bargained industries see their contribution base strengthened or weakened, says Hall Benefits’ Samuel Krause in the second of a two-part article.

EXPLORE BLOOMBERG TAX

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: