The proposed regulations will deal with changes included in H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act.

The final rules also refine how companies calculate their annual buyback base using netting. Netting allows issuers to offset repurchases with qualifying stock issuances in the same tax year. The IRS ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

The agency has proposed excluding tips received from 'pornographic activity' from a new tipped wage deduction.

A direct path to the IRS threatened a powerful player in tax prep. Now the project is gone. The Watchdog explains how—and why ...

Farmers can deduct the residual fertility value on newly purchased or inherited land. A soil analysis and records of past ...

The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...

The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.

The IRS and Treasury have issued final regulations (TD 10037) that eliminate stock repurchase excise tax exposure for M&A transactions, ...

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations ...

With the beginning of the Winter Session of Parliament on Monday, the government is set to table two key bills in the Lok ...