“The proposal takes an inefficient, inequitable, and costly policy, and makes it more generous and more valuable to higher-income people, especially those in certain industries including lawyers and ...

The Senate Finance Committee bill's approach to the SALT cap is incredibly complex, confusingly drafted, and raises significant questions about its intent and operation, particularly with respect to ...

The success of the United States’ voluntary tax system depends, in part, on taxpayers’ trusting that the information they provide to the IRS will remain confidential, be used only for tax and other ...

Recent reporting raises serious questions about whether persons affiliated with the Department of Government Efficiency (DOGE) have unlawfully inspected or disclosed taxpayer data, an issue which is ...

See our updated statement and explainer here: Our resources on the Trump-IRS lawsuit and settlement agreement White House officials are reviewing the potential settlement terms, according to the ...

As of 2024, the IRS was collecting approximately $5 trillion per year—nearly all (96%) of US federal revenue. The IRS also administers tax credits, deductions, exemptions, and other tax benefits worth ...

The IRS Office of Chief Counsel is the main legal arm of the agency and has three core duties: drafting guidance interpreting federal tax laws for the benefit of taxpayers and the IRS, representing ...

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." Our prior post provides further analysis of the executive order and October 14 announcement. On ...

Individual tax controversies can have consequences far beyond the parties directly involved—affecting the administration and fairness of the tax system and the ability of the government to raise ...

The power to tax is fundamental to the nation’s ability to raise revenue for important government functions. Recognizing both the necessity of this power and its potential for abuse, the framers of ...

Many money-moving platforms like Zelle are not subject to information reporting requirements under current law, which makes them attractive for hiding income and evading tax. Third party settlement ...