As part of the Inflation Reduction Act of 2022, there’s a new one percent excise tax on stock repurchases by certain corporations. The IRS has now issued proposed regulations related to the tax ...

Earlier this year, the IRS issued proposed regulations that would provide new guidance related to the tax. Those regulations were made final on June 28, 2024, and scheduled for publication in the ...

Starting in 2025, digital wallet users will face new IRS regulations for income reporting. ... as it exempts Zelle from the tax regulations that mandate other apps to issue Form 1099-K.

T he IRS has issued new regulations regarding retirement plan contributions that will affect highly paid individuals (HPIs). These changes arise from the SECURE 2.0 Act and will have significant ...

New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...

The US Treasury Department and the Internal Revenue Service (IRS) have proposed regulations to modernise the rules governing tax professionals. This proposed regulation would the affect certain ...

NPR's Scott Simon discusses the ability of the IRS to enforce tax laws with Chye-Ching Huang of the Tax Law Center at the NYU School of Law. * If indeed there's a bipartisan agreement on new ...