June 16, 2025: Billy Long was sworn in as the 51st IRS Commissioner after having been confirmed by the US Senate on June 12. Long served as a US Representative for Missouri’s 7th congressional district from 2011 to 2023. His...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 15, 2025 – June 2, 2025....more
6/6/2025
/ Alternative Minimum Tax ,
Corporate Taxes ,
Filing Deadlines ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
New Legislation ,
Proposed Regulation ,
Revenue Procedures ,
Revenue Rulings ,
Tax Court ,
Tax Rates
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 2, 2025 – May 13, 2025.
IRS GUIDANCE -
May 2, 2025: The IRS issued Revenue Procedure 2025-20, providing...more
5/20/2025
/ Executive Orders ,
Income Taxes ,
Interest Rates ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
New Legislation ,
Proposed Legislation ,
Revenue Procedures ,
Revenue Rulings ,
Tax Credits ,
Tax Rates ,
Tax Reform
The IRS issued Notice 2025-19, inviting the public to submit recommendations for items to include in the IRS’s 2025-2026 Priority Guidance Plan. The IRS uses the Priority Guidance Plan to identify and prioritize the tax...more
5/1/2025
/ Digital Assets ,
Disclosure Requirements ,
Executive Orders ,
Filing Requirements ,
Government Agencies ,
IRS ,
New Guidance ,
Regulatory Reform ,
Reporting Requirements ,
Rulemaking Process ,
Small Business ,
Taxation
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 10, 2025 – February 14, 2025.
TAX-CONTROVERSY-RELATED DEVELOPMENTS -
The previous IRS...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 30, 2023 – November 3, 2023. ...more
11/7/2023
/ Corporate Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Proposed Legislation ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Tax Refunds ,
Tax Returns ,
Year-End Tax Planning
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 16, 2023 – October 20, 2023...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 11, 2023 – September 15, 2023...more
9/20/2023
/ Corporate Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Proposed Legislation ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Tax Refunds ,
Tax Returns