Articles

As Republican leaders in the Senate lobbied to secure the votes needed for a drastic overhaul of the U.S. tax system, higher education leaders and student groups have continued to keep the spotlight on provisions in both houses of Congress that would significantly affect – and, they believe, badly hurt – institutions and college-goers alike. Read More.

President-elect Donald Trump’s goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts. Read More.

The Tax Court had bad news for 15 West 17th Street LLC about how strict that rule is. Very, very strict. Read More.

Property owners hoping for a respite from rapidly rising taxes will be disappointed in 2017, when city government and Public Schools will continue digging deeper into their pocketbooks. Read More.

Bloomberg’s Laura Davison discusses Internal Revenue Service Commissioner John Koskinen’s history with Donald Trump and whether he will remain in the president-elect’s administration. Read More.

Congressional Republicans are considering holding off on repealing some of ObamaCare’s taxes, according to lobbyists familiar with the discussions. Read More.

Alphabet Inc.’s Google saved $3.6 billion in worldwide taxes in 2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal. Read More.

Taxpayers paid for “excessive and inappropriate” lodging and travel costs, including for one employee who managed to travel 381 days of the year. Read More.

More than two dozen IRS employees traveled for more than half of fiscal 2015, incurring total costs of more than $1.4 million, according to a report from the staff of Senate Finance Committee Chairman Orrin Hatch (R-Utah). Read More.

The “John Doe” summons seeks to identify all United States Coinbase customers who transferred convertible virtual currency from 2013 to 2015. Read More.

Republicans in the U.S. House of Representatives are accelerating efforts to craft a sweeping tax reform bill for 2017 and looking at ways to smooth the transition to a new tax system for some businesses, the House Republican tax chief said on Wednesday. Read More.

​Republican leaders managed to derail impeachment of IRS Commissioner John Koskinen on Tuesday, forcing the debate back to a committee for more study, where it will die when Congress adjourns at the end of this year. Read More.

​Over the years, Apple Inc. has become the poster child for U.S. multinationals accused of sheltering overseas profits to avoid the IRS. What’s gone largely unnoticed is that it’s been paid more than half a billion dollars by the U.S. government to do just that. Read More.

Attention holiday shoppers: You might not be able to count on receiving a federal tax refund in January to pay for those gift bills. Read More.

IRS Notice N-2016-70 has extended the deadline for mailing the 2016 reporting year 1095 Forms from January 31st, 2017 to March 2nd, 2017. Read More.