Stay updated with breaking news from Revenue Code Section. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Marijuana reclassification would be a 'major victory' for the cannabis industry. However, it may be too early to tell the impact in the industry.
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have finalized rules for the recapture of erroneously claimed Employee Retention Credits (ERC) and other tax...
Internal Revenue Service reminds taxpayers to submit their 2019 income tax returns by July 17. The only way to know whether you have a credit balance on an account is to request a transcript of the account e.g., Form 945, 1040 or 1120 for a specific tax year
With concerns about global economic stability, many sovereign wealth funds (SWFs) are evaluating current market conditions to determine the most…
The Court ruled that a disclosure package submitted to IRS adequately disclosed transfer of company and related foreign accounts.