The Internal Revenue Service building in Washington, D.C. The IRS, acknowledging that it reversed a prior legal position, is preparing to challenge tax breaks claimed by U.S.-based exporters. Photo: … [Read more...] about IRS, Reversing Course, Tees Up Potential Tax Fight With Multinational Companies
IRS Warns of Delays When Tax-Filing Season Starts on Jan. 24
The agency has several million pieces of backlogged work from prior years The Internal Revenue Service building in Washington. Officials said there are no plans to delay filing deadlines this … [Read more...] about IRS Warns of Delays When Tax-Filing Season Starts on Jan. 24
Democrats’ Minimum Tax Plan Brings Late Lobbying Burst From Companies
Changes sought by manufacturers, renewable-energy companies seem doubtful to succeed as lawmakers wrap up Biden tax agenda The proposed corporate minimum tax would impose a minimum 15% tax … [Read more...] about Democrats’ Minimum Tax Plan Brings Late Lobbying Burst From Companies