Finding little worth salvaging in January’s proposed regulations, the Tax Section recommends that the IRS and Treasury start over and try again.
In his recent congressional address, President Trump called on Congress to enact various tax cuts for both businesses and individuals, as summarized here.
The IRS recently published proposed regulations governing the conduct of practitioners who practice before the IRS. The New York State Bar Association Tax Section has submitted comments, raising several important concerns and proposing much-needed limitations.
From temporary relief for crypto taxpayers under the custodial broker regulations to a Congressional push to nullify the DeFi regulations, we provide the latest updates.