The president has named Daniel Werfel the new acting IRS commissioner after Steven Miller resigned.

The president has signed into law a transportation funding bill (H.R. 4348) that extends current fuel taxes and raises new revenue with several pension and retirement plan provisions.

A U.S. district court ruled June 16 that a common parent of a consolidated group was not owed a refund from the IRS that was paid to the Federal Deposit Insurance Corporation (FDIC) as a fiduciary.

The IRS has proposed regulations (REG-153627-08) to amend the rules for automatic extensions of time for filing certain employee plan returns by adding Form 8955-SSA

The House and Senate approved a budget resolution last week that would allow them to repeal the Affordable Care Act (ACA) using the budget reconciliation process.

Top Republicans continue to stake out public positions on key elements of tax reform in an effort to shape the bills that tax writers are crafting over the August recess.

The Senate last week abandoned efforts to craft a broader tax package to be included with a reauthorization of the Federal Aviation Administration (FAA).

The tax reform working groups created by Senate Finance Committee Chair Orrin Hatch, R-Utah, have begun working toward legislative recommendations that Hatch wants ready by the end of May.

Under the facts of the FAA, the taxpayer, a motor freight carrier, would contract with independent truck operators to transport retail goods for third parties.

The Supreme Court on Jan. 14 heard oral arguments in United States v. Quality Stores (Ct. Dkt. No. 12-1408), which should settle whether supplemental unemployment benefits (SUB) made for involuntary termination are subject to Federal Insurance Contributions Act (FICA) tax.

The Supreme Court on Oct. 9 heard arguments in a case that could resolve a split in the circuit courts of appeal, of whether courts can apply an accuracy-related penalty for a tax underpayment that is attributable to a valuation misstatement, when the underlying transaction is disregarded for lacking economic substance.

An APA is an agreement between the IRS and a taxpayer on a transfer pricing methodology.

The Tax Court ruled that a couple's jointly filed Form 1040 was not a valid return because the agent appointed by the taxpayers to sign the return was not properly authorized.

The Tax Court has recently held in Bobrow v. Commissioner (TC Memo 2014-21) that the one-rollover-per-year rule applies to all of a taxpayer’s individual retirement accounts (IRAs) rather than to each IRA separately.

The Supreme Court on Oct. 9 heard arguments in a case that could resolve a split in the circuit courts of appeal, of whether courts can apply an accuracy-related penalty for a tax underpayment that is attributable to a valuation misstatement, when the underlying transaction is disregarded for lacking economic substance.

The fate of tax reform in the 113th Congress may depend upon the nature of the agreement by members of both political parties regarding the long-term deficit.

Congress and the administration are under increasing pressure to stem the flow of recent inversion transactions.

On Sept. 21, the IRS and Treasury issued final regulations under Section 368(a)(1)(F), which are effective for transactions entered into on or after that date.

The Treasury Department recently released proposed (REG-102648-15) and temporary (T.D. 9723) regulations to implement the Kline-Miller Multiemployer Pension Reform Act of 2014...

The House Ways and Means Committee used the lead-up to the April 18 individual filing deadline to push four bills aimed at the IRS and discuss sweeping tax reform strategies.