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Tax Notes @taxnotes.com · 1d

Frank Bisignano’s dual role as Social Security Administration commissioner and IRS CEO raises concerns as litigation regarding tax data sharing with U.S. Immigration and Customs Enforcement continues.

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Tax Notes @taxnotes.com · 3d

Groups representing tax professionals are concerned that IRS furloughs during a prolonged government shutdown would hamper return processing and set back preparations for next filing season.

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Tax Notes @taxnotes.com · 6d

NEW: April Harding, former IRS director of user experience services, discusses her proposed agency modernization plan and the future of IRS digital products.

Listen to the full conversation wherever you get your podcasts: www.buzzsprout.com/124942/episo...

Reimagining the IRS: Former Official Talks Agency Transformation - Tax Notes Talk

April Harding, former IRS director of user experience services, discusses her proposed agency modernization plan and the future of IRS digital products. For more coverage, read the following in T...

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Tax Notes @taxnotes.com · 7d

Is buying a cup of coffee with cryptocurrency a taxable transaction? That’s one thing the crypto industry wants Congress to clarify through changes to the tax code.

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Tax Notes @taxnotes.com · 9d

"Even as the clean vehicle credit drives off into the sunset, former subsection 30D(d)(7) casts a long shadow across the code," Marie Sapirie writes.

The EV Credit Is Dead. Long Live The EV Credit?

Marie Sapirie argues that the section 30D electric vehicle credit introduced rules that will continue to influence tax policy.

www.forbes.com

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Tax Notes @taxnotes.com · 13d

How close are we to a government shutdown, and how does Congress's fight over Affordable Care Act premium tax credits play into the stalemate? Tax Notes Capitol Hill reporter @cadystanton.bsky.social explains the latest updates. #tax #healthcare #congress

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Tax Notes @taxnotes.com · 13d

Exclusive: The work to dissolve the Justice Department’s Tax Division is set to resume after the required reorganization memo was finally signed, former division head Karen E. Kelly said in an interview with Tax Notes.

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Tax Notes @taxnotes.com · 14d

Growing prospects for a partial shutdown of the IRS beginning October 1 are making tax professionals and their clients nervous about possible regulatory delays, particularly when it comes to issuing guidance for this summer’s giant tax bill.

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Tax Notes @taxnotes.com · 15d

Thirteen private colleges and universities will likely face a higher excise tax on their net investment income because of changes made by the new Republican tax law, a Tax Notes analysis shows.

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Tax Notes @taxnotes.com · 17d

"The Eighth Circuit’s Medtronic II decision makes clear that judges may not decide for themselves which factors determine comparability and reliability," Ryan Finley writes. "When they do, it is reversible legal error."

After Eighth Circuit’s Medtronic II Decision, What Happens Now?

Ryan Finley explains the consequences of the Eighth Circuit’s Medtronic II decision, both for the company on remand and in all other best method disputes.

www.forbes.com

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Tax Notes @taxnotes.com · 20d

A volunteer advisory panel of the Taxpayer Advocate Service is pausing all public meetings indefinitely while the White House vets its members, according to a memo from panel leadership.

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Tax Notes @taxnotes.com · 20d

The Trump administration has no legal basis for revoking the tax exemption of groups whose views it disagrees with, despite its threats to do so following the killing of Charlie Kirk, according to multiple law professionals.

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Tax Notes @taxnotes.com · 22d

"Anytime the government demands money in a forcible extraction from someone or some company, that's going to start to look a lot like a tax, just right out of the gate," @joethorndike.bsky.social said.

The Nvidia Deal And Taxing Exports: The Constitutionality Of It All

In this episode of Tax Notes Talk, Tax Notes contributing editors Robert Goulder and Joseph Thorndike discuss the recent Nvidia deal to export chips to China, and they question its constitutionality a...

www.forbes.com

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Lauren Loricchio @laurenloricchio.bsky.social · 23d

A Texas lawyer concluded that the tribal tax credits being sold by White River Energy Corp. “are real and recognized by the U.S. Congress and Government,” even though the IRS says the credits don’t exist.

Story in @taxnotes.com
bit.ly/4gnXyz3

Legal Opinion Describes Tribal Credits as ‘Real and Recognized’ | Tax Notes

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

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Tax Notes @taxnotes.com · 28d

President Trump’s pick for the IRS’s top lawyer told Senate Finance Committee staff that a former IRS official “should have been shot” for resigning from his role at the agency during filing season, according to the panel’s top Democrat.

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Tax Notes @taxnotes.com · 29d

A group of six House and Senate lawmakers are pushing for Treasury to rescind recent interim guidance notices on the corporate alternative minimum tax, arguing that the notices usurp the guidance issued under the Biden administration.

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Tax Notes @taxnotes.com · Sep 8

"To call for an organized program of federal tariff rebates is to all but concede that U.S. taxpayers are being overtaxed, currently, through the harsh treatment of imports," Robert Goulder argues.

The Next Bad Idea: Tariff Rebate Checks

Robert Goulder comments on a recent legislative proposal for a federal tariff rebate scheme.

www.forbes.com

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Tax Notes @taxnotes.com · Sep 5

The IRS’s agreement to share immigrants’ tax return information with the Department of Homeland Security violated taxpayer privacy laws, according to a former top IRS official.

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Tax Notes @taxnotes.com · Sep 4

Will taxpayers face penalties for relying on bad advice provided by tax departments using generative artificial intelligence? Experts say it's an important question to consider.

Read the full investigation: www.taxnotes.com/featured-new...

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Tax Notes @taxnotes.com · Sep 3

"It's not merely that the U.S. tax code has never previously applied to a pope," Robert Goulder explains. "It's that no country's tax code has ever previously been an issue to the Vatican. We're in uncharted waters here."

Pope Leo The Taxed: How The U.S. Tax System May Affect The Vatican

In this episode of Tax Notes Talk, Tax Notes contributing editor Robert Goulder discusses how Pope Leo XIV’s American citizenship creates a unique tax issue and how the United States may try to avoid ...

www.forbes.com

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Tax Notes @taxnotes.com · Sep 2

The plaintiffs’ argument for an injunction preventing the IRS from mass sharing confidential taxpayer information with immigration authorities fails because the agency followed the tax information privacy law, the government argued.

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Tax Notes @taxnotes.com · Aug 28

Tax code complexity is costing the United States more than $536 billion annually because of the time and money it takes to prepare tax returns, according to the Tax Foundation.

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Tax Notes @taxnotes.com · Aug 27

House and Senate leaders will have to reach a deal on funding for the IRS, OECD, and the Justice Department’s plan to reorganize the Tax Division during the upcoming government funding process.

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Tax Notes @taxnotes.com · Aug 26

Will taxpayers face penalties for relying on bad advice provided by tax departments using generative artificial intelligence?

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Tax Notes @taxnotes.com · Aug 25

"Congress has already gone on its back-to-school shopping spree," Marie Sapirie writes. "In the OBBBA, lawmakers opened a running tab that today’s kindergarteners probably won’t appreciate in the years to come." www.forbes.com/sites/taxnot...

Back To School In The One Big Beautiful Bill Act

Marie Sapirie argues that the One Big Beautiful Bill Act’s new scholarship credit and changes to the endowment tax on private universities are attempts to make education policy through the tax code.

www.forbes.com