The Internal Revenue Service (IRS) today issued a request for public input on "regulations and other requi
Although the presidential election results are still being determined, it appears likely that Republicans will hold a narrow Senate majority in the 117th Congress.
The Internal Revenue Service (IRS) today issued Revenue Procedure 2020-49, which extends until September 30, 2021 the per
In September, the U.S. House of Representatives (House) passed H.R.
Senate Majority Leader Mitch McConnell (R-KY) is planning to stage two votes this week on virus relief legislation, as House Speaker Nancy Pelosi (D-CA) set a Tuesday deadline for finding a pre-ele
Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi (D-CA) spoke by phone today to discuss viru
On September 29, 2020, the Treasury Department and IRS issued final and proposed regulations addressing a host of issues relating to the foreign tax credit, including proposed regulations that cont
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