IRS releases corporate alternative minimum tax regulations, incorporates ABA recommendation
The Treasury Department and IRS released proposed regulations concerning the implementation of the corporate alternative minimum tax that incorporated an ...
Tag: IRS
IRS, tax industry announce joint effort to combat tax scams
The IRS, state tax agencies and tax industry representatives have announced a new joint effort to combat the growth in ...
IRS finalizes rule on proposed required minimum distributions
The IRS finalized its proposed rule on required minimum distributions, including requirements for distributions from a qualified retirement plan—such as ...
IRS releases regulations in multiple areas
Topics include reporting and payment of the excise tax on repurchases of corporate stock, payment of tax by credit or ...
ABA: Proposed rule on excise tax on stock repurchases too broad
ABA urged Treasury to remove the general funding rule, as it could apply to any stock repurchase by a non-U.S. ...
FinCEN, IRS-CI launch series to help banks combat fentanyl trafficking
FinCEN and the IRS-CI announced the launch of a series of educational sessions to help banks and other financial institutions ...
IRS releases health savings account amounts for 2025
The IRS published the inflation-adjusted contribution limits and high-deductible health plan requirements for 2025.
IRS: Some wellness expenses not deductible under tax code
The IRS issued a reminder to taxpayers, businesses and heath spending plan administrators that personal expenses for general health and ...
IRS holds off on IVES updates, seeks industry input
IVES allows taxpayers to authorize third parties to request their tax return or wage transcripts to obtain a residential or ...
ABA: Proposed revisions to bad debt regulation need reworked
In a letter, ABA urged the IRS to make several changes to proposed regulations concerning bad debt deductions for regulated ...
