House Republicans are talking with President-elect Donald Trump’s
transition team about how to fashion the biggest U.S. tax
overhaul in three decades, the chairman of the House Ways and
Means Committee says. Read More.
Internal Revenue Service examiners confront some steep barriers
when trying to audit the transfer pricing strategies used by
multinational corporations to reduce their taxes, according to a
new report. Read More.
The IRS is underestimating the effect new estate and gift tax
rules could have on small businesses across the country, the
Small Business Administration (SBA) warned. Read More.
Years after the Internal Revenue Service scandal broke and long
after the media lost interest in the agency’s practice of
subjecting conservative groups to special scrutiny and delays,
the government is quietly seeking to bury it. Read More.
Taxpayers are avoiding billions of dollars in withholdings
annually because of lax enforcement by the Internal Revenue
Service, according to a recent audit by the Treasury Inspector
General for Tax Administration. Read More.
Top Republicans on the tax-writing committees are asking the IRS
to explain itself after a watchdog found that the agency wasted
$12 million on subscriptions to an email system that it couldn’t
use. Read More.
The House’s top taxwriter wants to pursue tax reform legislation
next year, according to the Ways and Means Committee’s Republican
chief tax counsel. Read More.