Page 8 - Revenue Code News Today

A federal tax lien, sometimes called a "statutory lien," is the government's legal claim against a taxpayer's property when the taxpayer neglects or fails to pay a tax debt.

On October 17, 2023, the U.S. Internal Revenue Service (IRS) updated its Internal Revenue Manual (IRM)[1] to fully incorporate into the IRM certain e-signature policies and procedures...

On December 11, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") released Notice 2023-80 (the "Notice")...

On December 15, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") issued Notice 2024-10 (the "Notice"), providing much needed interim guidance...

On December 28, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") released Notice 2024-16 (the "Notice")...

On December 19, 2023, the U.S. Treasury Department ("Treasury") announced the entry into force of the U.S.-Chile Income Tax Treaty (the "Treaty").

Reporting Companies created or registered during the 2024 calendar year will have 90 days to file an initial BOI report.

The Inflation Reduction Act of 2022 made significant modifications and additions to the energy credit available under Section 48 of the U.S. Internal Revenue Code of 1986, as amended...

As part of Ropes & Gray's ongoing efforts (see here) to advise on the impact of the Corporate Transparency Act ("CTA"), this Alert focuses on considerations for health...

Q: I am interested in restricting future development on my land. Is there a mechanism to do this, and, if so, are there tax incentives? Are these restrictions permanent?