United States Tax News

U.S. IRS Releases Updated Practice Unit on Statute of Limitations on Assessment of Tax

15 April 2020

U.S. IRS Issues Temporary Procedures to Claim Quick Refunds of the Credit for Prior Year Minimum Tax Liability of Corporations and NOL Deductions

15 April 2020

U.S. Treasury List of International Boycott Countries Published

14 April 2020

U.S. IRS Publishes IRB 2020-16 Including Notices on Deadline Relief and Employment Tax Credits for COVID-19 and Foreign Income Exclusion Eligibility Waiver

14 April 2020

US final and proposed regulations on hybrid mismatches, DCLs and conduit financing provide more certainty but some surprises

13 April 2020

US: Taxpayers need to consider international tax implications of making certain net operating loss elections under Revenue Procedure 2020-24

13 April 2020

U.S. IRS Extends More Tax Deadlines to Cover Individuals, Trusts, Estates Corporations, and Others

10 April 2020

U.S. IRS Releases Practice Unit on Adjustments for Overwithholding

10 April 2020

U.S. IRS Provides Guidance Under the CARES Act to Taxpayers with Net Operating Losses

10 April 2020

U.S. IRS Launches New Webpage for COVID-19 Tax Relief

9 April 2020

US IRS issues annual APA report for 2019

9 April 2020

U.S. IRS Updates Overview of MAP Process

6 April 2020

U.S. Treasury Delays Tax and Reporting Due Dates for Alcohol, Tobacco, Firearms and Ammunition Businesses Hit by COVID-19

2 April 2020

U.S. IRS Issues Release on Employee Retention Credit for Businesses Impacted by COVID-19

1 April 2020

US CARES Act has corporate implications, including NOL deductions, Section 163(j) interest expense limitation and AMT acceleration

1 April 2020

U.S. IRS Issues Release on Economic impact payments for Individuals

31 March 2020

US CARES Act has international tax implications

31 March 2020

U.S. Coronavirus Aid, Relief, and Economic Security (CARES) Act Signed into Law

30 March 2020

U.S. Coronavirus Aid, Relief, and Economic Security (CARES) Act Signed into Law

30 March 2020

U.S. IRS Unveils New People First Initiative; COVID-19 Effort Temporarily Adjusts, Suspends Key Compliance Program

26 March 2020

U.S. Treasury, IRS, and Labor Announce Implementation of Coronavirus-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses

23 March 2020

Maryland General Assembly Approves Legislation for Introduction of Digital Advertising Tax and Sales Tax on Digital Products

23 March 2020

U.S. Extends Tax Return and Payment Deadline to 15 July Without Payment Cap

23 March 2020

End Outsourcing Act Submitted in U.S. Congress

20 March 2020

U.S. Families First Coronavirus Response Act Signed into Law Including Payroll Tax Credits for Employers

20 March 2020

U.S. Provides 90-Day Interest and Penalty-Free Payment Deadline Extension

19 March 2020

U.S. Issues Release on Canada's Approval of USMCA

18 March 2020

U.S. IRS Releases Practice Unit on How to Compute the AMT FTC for Individuals

17 March 2020

Trump Administration Considering U.S. Payroll Tax Cut and Tax Deferral as Part of Economic Stimulus Plan to Counter Coronavirus Outbreak

11 March 2020

U.S. Court Upholds Constitutionality of Revoking Passports of Taxpayers with Significant Tax Debts

10 March 2020