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 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 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 ...
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 ...
The IRS Office of Chief Counsel issued a notice announcing procedural changes following the Department of Justice’s reorganization of its Tax Division. Effective Nov. 30, 2025, the former Tax Division ...
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.
The U.S. District Court for the Eastern District of New York held that it lacked subject matter jurisdiction over a taxpayer’s claims challenging IRS levies on his financial accounts because ...
The U.S. Tax Court held that a taxpayer had $16,027 in unreported wage income for 2021. Still, it lacked jurisdiction to determine whether she was entitled to a disputed $3,000 ...