Tim Shaw

The American Institute of Certified Public Accountants (AICPA) is renewing its call for the IRS and Treasury Department to establish a lower, separate user fee category for private letter rulings (PLRs) that involve straightforward S corporation election errors.

The full 9th U.S. Circuit Court of Appeals has declined to rehear a panel decision that allows a lower court to review the Trump administration's internal agency downsizing plans.

As tax scams grow more sophisticated with new technology, the best line of defense, according to a tax professional, is understanding how the IRS communicates with taxpayers and distinguishing between legitimate and fake correspondence.

A class action complaint filed in federal court claims that Uber Technologies Inc. has engaged in widespread tax fraud by willfully filing fraudulent information returns with the IRS.

A coalition of congressional members filed an amicus brief in a federal appeals court after dozens of advocacy organizations told lawmakers that the IRS' bulk sharing of taxpayer address data with ICE is illegal, undermines voluntary tax compliance, and violates privacy laws designed to prevent the executive branch from weaponizing confidential tax information.

Tax policy experts debated whether rising federal debt poses an imminent fiscal crisis or a slower erosion of American living standards at an Urban-Brookings Tax Policy Center (TPC) event April 9, with wide-ranging discussion covering revenue options and the future of Social Security financing.

IRS budget cuts, the elimination of the free Direct File program, and new tax provisions in the One Big Beautiful Bill (OBBB) have created a challenging tax season for filers and may threaten the long-term integrity of the tax system, according to new analysis from the Center on Budget and Policy Priorities (CBPP).

Senate Finance Committee Ranking Member Ron Wyden (D-OR) has formally referred information from his committee's investigation into the abuse of Puerto Rico's Act 60 tax incentives to the IRS for further review.

A proposed bill aimed at ending tax-free reorganizations for large corporations could have unintended consequences for a broad range of mid-market deals and create uncertainty for transactions already underway, according to a deal attorney.

Two federal lawsuits filed May 22 seek to dismantle the $1.776 billion Anti-Weaponization Fund created through a settlement between President Donald Trump and the Justice Department, with plaintiffs in both cases arguing the fund is unconstitutional, unlawful, and structured to evade public accountability.