IRS agents could likely be forced to watch OnlyFans to figure out what content constitutes “pornographic activity” or whether ...

We evaluate the effect of California's 11 percent excise tax on firearms, introduced in July 2024, on retail prices. Using price quotes for 48 popular firearms from over 2,200 licensed dealers, we ...

The "No Tax on Tips" policy included in President Trump's One Big Beautiful Bill will exclude adult content creators. Enforcement is unclear.

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—it really ended.

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 ...