With Respect News Today

On April 25, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Final Regulations) on tax credit transfers pursuant to Section 6418 of...

Farhy challenged whether the IRS had the legal authority to assess section 6038 penalties. The Tax Court said no, but on appeal, the D.C. Circuit disagreed.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The question raised in Mukhi was similar to that in Farhy—and the Tax Court wasn’t willing to deviate from that ruling.

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC), in coordination with the United Kingdom, issued two new prohibitions Friday, April 12, 2024...

Robert Goulder considers whether a taxpayer-friendly outcome in Farhy would spark a general reformation of the IRS international information reporting penalties.

On March 5, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Final Regulations) on the elective payment of certain tax credits (direct...

On January 29, 2024, the Department of Commerce's Bureau of Industry and Security (BIS) issued a proposed rule (the Proposed Rule) that would impose significant know-your-customer (KYC)...

The keyboardist and producer has worked with many artists over the years, including P-Funk, Moodymann, and Prince

Amp Fiddler, the celebrated Detroit musician who played with George Clinton's Parliament-Funkadelic and introduced J Dilla to the MPC, has died.