The U.S. District Court for the District of Minnesota held that a criminal restitution order did not restrict the IRS’s independent authority to collect a defendant’s delinquent federal tax ...

The U.S. District Court for the District of Utah held that the Government could enforce federal tax liens against estate property to the extent of a $246,288.49 equitable lien held ...

The IRS issued a news release announcing proposed regulations implementing the new Federal Scholarship Tax Credit under I.R.C. §25F, commonly known as the Education Freedom Tax Credit. Under the ...

Ken Kies, the former top tax official at the Treasury Department, will be joining EY in its lobbying and tax practice ranks, after an unexpected exit at the agency earlier this year.

A Las Vegas cannabis dispensary is disputing $1.2 million in tax deficiency and penalties in the US Tax Court, arguing the federal government’s own move to reclassify marijuana undermines the tax rule ...

Part-owners of a for-profit company that managed a nonprofit virtual school challenged more than $76 million in federal excise taxes the IRS assessed against them for allegedly receiving excess ...

The U.S. Tax Court held that individuals and an S corporation were liable for accuracy-related penalties arising from a captive insurance arrangement that lacked economic substance under I.R.C.

The U.S. District Court for the District of Nebraska held that a taxpayer’s refund suit was untimely because she failed to file her complaint within the two-year limitations period under ...

Premier Giorgia Meloni’s government will pare back defense spending in a late change to the budget as it seeks to shrink Italy’s deficit, according to people familiar with the matter.

Senate Finance Committee Democrats are pressuring IRS Commissioner Frank Bisignano to remove a proposed citizenship status question from the draft Form 1040 for the upcoming tax year, in a letter ...

Illinois is moving to postpone compliance with its first-in-the-nation tax on digital assets by six months under an agreement with a cryptocurrency trade group that had filed a constitutional ...

A federal judge won’t allow the Justice Department to revive a $2.4 million tax penalty against a foreign debt investor because the IRS had previously abated it.