by usoftax_admin | Apr 14, 2025 | Tax News
The IRS recently agreed to share confidential tax return data with immigration enforcement agencies for criminal proceedings, saying the agreement complied with privacy laws, but tax and privacy experts said they had concerns that the deal was vague and lacked... by usoftax_admin | Apr 14, 2025 | Tax News
From a look at a report on corporate tax lobbyists working to renew the 2017 tax law to another assessing the impact of IRS budget cuts and staff reductions on audit activity, here’s a peek into a reporter’s notebook on a few of the week’s developing... by usoftax_admin | Apr 14, 2025 | Tax News
The White House’s Department of Government Efficiency cut nine IRS guidance documents Monday that it said were unnecessary because they were obsolete, outdated or covered by other rules and regulations, including one related to a topic addressed by the Tax Cuts... by usoftax_admin | Apr 14, 2025 | Tax News
Individuals with taxable estates can optimize the benefits of estate planning strategies like spousal lifetime access trusts by setting them up before increases in estate and gift tax exemptions under the 2017 Tax Cuts and Jobs Act sunset in January, say attorneys at... by usoftax_admin | Apr 14, 2025 | Tax News
The U.S. government objected Monday to releasing an unredacted copy of a tax-information-sharing agreement between the IRS and immigration enforcement agencies sought by groups seeking to block the disclosure, telling a D.C. federal court that it would reveal...