Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to...more
1/15/2026
/ BEPS ,
Cross-Border Transactions ,
Customs ,
Customs and Border Protection ,
Customs Valuation ,
Internal Revenue Code (IRC) ,
International Tax Issues ,
International Trade ,
IRS ,
New Guidance ,
New Regulations ,
OECD ,
Pillar 2 ,
Tariffs ,
Tax Litigation ,
Tax Reform ,
Transfer Pricing ,
USPS
Effective December 24, 2025, the US Postal Service (USPS) implemented a new rule that fundamentally changes how postmarks are defined under the Internal Revenue Code’s so-called “mailbox rule.” Section 7502 provides a...more
1/13/2026
/ Best Practices ,
Filing Deadlines ,
Filing Requirements ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
Risk Management ,
Statutory Deadlines ,
Tax Court ,
Tax Returns ,
Taxation ,
USPS
Tax developments -
IRS issues interim guidance to streamline LB&I audit procedures and promote alternative settlement programs -
Significant updates from the IRS Large Business & International (LB&I) Division will take...more
In a significant policy shift, the IRS has revised Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, the cornerstone of its Voluntary Disclosure Practice (VDP), by removing the controversial...more