Over time, the flexibility for a business to satisfy the ATB requirement for tax-free treatment under section 355 has expanded and drifted beyond the legislative intent. Historically, the IRS ...

The idea of performing a technical analysis to evaluate the substantive merits of a regulation is intuitively appealing. However, the cost-benefit analysis the White House requires agencies to do for ...

This blog post focuses on the October 21 IRS announcement “address[ing] temporary compliance burdens." On October 5, President Trump signed an executive order entitled “Emergency Tax Relief on Diesel ...

The White House has required federal agencies to conduct a formal cost-benefit analysis for certain regulations since the early 1980s. In principle, cost-benefit analysis can inform policymakers and ...

The Tax Law Center at NYU Law was created to bring deep tax law expertise to bear in the public interest. Our team brings experience across tax administration, private practice, and legislative ...

Deputy Director Mike Kaercher is testified at a House Ways & Means Committee Hearing focused on taxing digital assets. Our testimony provides a general framework for policymakers to consider as ...

The 2026 tax filing season is coming to an end on Wednesday. There have been many serious problems causing real harm for taxpayers and operational challenges for the IRS, and troubling signs that ...

The House-passed reconciliation bill’s Trump Accounts double down on a failed approach to addressing public policy challenges and exclude the most vulnerable children from eligibility for even the ...

The Tax Law Center submitted a comment in response to Treasury and the IRS’s proposed regulations that would unlawfully deny eligibility for the refunded portion of the Earned Income Tax Credit, Child ...

The success of the United States’s voluntary tax system is founded in part on taxpayers being assured that the information they provide to the IRS will remain confidential, be used only for tax and ...