The IRS issued Notice 2015-49 to inform taxpayers that it intends to amend the required minimum distribution regulations under Section 401(a)(9) to largely prohibit the use of lump-sum payments to replace annuity payments being paid by a qualified defined benefit pension plan.

The commissioners of the IRS Large Business and International Division and the Small Business/Self-Employed Division, who together oversee all business taxpayers...

The IRS on Aug. 24 updated the Internal Revenue Manual (IRM) to reflect changes to the way the Appeals Division functions, In Notice 2016-59, the IRS provided changes to Rev. Proc. 2016-1.

The IRS recently issued Announcement 2016-27, which provides guidance on which jurisdictions are treated as if they have an intergovernmental agreement (IGA) in effect...

It is unclear what impact this executive order has on the promulgation of new Treasury regulations, which tend to interpret statutes.

The IRS announced that beginning on Aug. 15, taxpayers who request certain rulings from the IRS, such as private letter rulings (PLRs), closing agreements, and accounting method changes...

On June 28, 2017, the Massachusetts Department of Revenue issued a directive immediately revoking a prior directive issued earlier this year that would have required out-of-state Internet vendors to collect sales...

The Ninth Circuit Court of Appeals held on July 26 that a taxpayer was not required to report certain online gambling accounts to the IRS...

In Notice 2016-1, the IRS issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

The Pennsylvania Commonwealth Court recently held that a local business privilege tax imposed on fees paid by Pennsylvania 7-Eleven franchise stores to 7-Eleven's regional office in Upper Moreland Township...

On June 14, 2017, the Commonwealth Court of Pennsylvania sustained the Philadelphia Beverage Tax (PBT), more commonly known as the "Soda Tax."

The Appeals employee would assist in settling the matter between the IRS and the taxpayer.

The House and Senate are expected to begin negotiating a final compromise on the extenders after the August recess.

The Tax Court held that the collapse of a poorly maintained retaining wall after a spring with heavy rain is not a casualty within the meaning of Section 165(c)(3) and the taxpayer is not entitled to a...

The top two congressional tax writers met last week to discuss how to tackle the priorities competing for their attention in 2016.

The IRS issued final regulations (T.D. 9725) on the estate and gift tax applicable exclusion and requirements for electing portability of a deceased spousal unused exclusion (DSUE) amount under Section 2010(c).

The Treasury Department has delayed for one year the effective date of the documentation requirements under the Section 385 regulations...

In a complaint filed on Aug 4 in the Western District of Texas the US Chamber of Commerce and the Texas Association of Business filed suit against the IRS and Treasury over the inversion regulations.

During February and March 2017, Virginia Governor Terry McAuliffe signed multiple tax bills into law that make changes to the state's income; sales; property; and business, professional...

Senate Finance Committee ranking minority member Ron Wyden, D-Ore., has added tax professor Victor Fleischer to his tax-writing committee staff.