Tax Rules to Undergo White House Review After Trump Revives Order (1)

Tax rules will be subject to White House review under a new executive order from President Donald Trump.

This decision included in a Jan. 31 executive order revives a policy from the first Trump administration adding a new layer of review for tax regulations.
The order also says that for every new rule, regulation or guidance issued, an agency must get rid of 10 existing guidance documents.

Supporters said the review in the Trump’s first administration added transparency and accountability for the IRS and Treasury. It also provided lobbyists another avenue to lobby on guidance, though considerable changes to the ...