Tax regulations

A divided Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws.

Notice 2024-55 from the IRS explains exceptions to the additional tax for certain emergencies, and for victims of domestic abuse.

The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.

The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.

The IRS wants to help businesses know when they don't qualify for an Employee Retention Credit.

The Internal Revenue Service has updated its frequently asked questions to offer more guidance on what kinds of components can be used in electric vehicles to qualify for tax credits.

The IRS is rolling out a voluntary disclosure program to let businesses pay back Employee Retention Credits they claimed in error.

The new deduction rates apply to electric and hybrid vehicles, as well.