The U.S. Tax Court upheld the IRS’s decision regarding a taxpayer’s penalties and interest, affirming that the IRS acted within its discretion by resolving the case through an installment agreement. ...
The U.S. Tax Court, in a memorandum decision, held that the taxpayer was entitled to some research tax credits, but in lower amounts than claimed, for qualified research activities related ...
The IRS has released Internal Revenue Bulletin 2026-7. [Internal Revenue Bulletin 2026-7 (Feb. 9, 2026)]
The U.S. District Court issued a preliminary injunction prohibiting ICE from using confidential taxpayer information shared by the IRS, finding that the interagency data-sharing likely violated Section 6103 of the ...
The U.S. District Court for the Western District of Texas, Austin Division, held that the taxpayers’ estate was liable for penalties under IRC §6700 for promoting an abusive tax shelter ...
The U.S. Tax Court ruled that a pharmaceutical corporation’s FASIT arrangement was invalid because the Series A/E Stock didn’t meet the regular interest requirements, thereby upholding the IRS’s deficiency determination. ...
The IRS issued an announcement regarding the U.S. and Spain implementing the arbitration process under their Competent Authority Arrangement (CAA), signed Feb. 22, 1990, and amended by the 2013 protocol. ...
The U.S. Court of Federal Claims ruled that a marijuana dispensary was ineligible to claim the refundable portion of the Employee Retention Credit (ERC) due to the prohibition in IRC ...
The IRS has issued proposed regulations for determining eligibility and calculating the clean fuel production credit under the One Big Beautiful Bill. The regulations provide guidance on emissions rates, certification ...
The IRS has encouraged taxpayers to create an IRS Individual Online Account to securely access their tax information and help protect against identity theft and fraud. The online account enables ...
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