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IRS Holding Off on Issuing Guidance

By Amanda Wilson on Feb 17, 2017 in IRS, regulations, treasury, Other, International

By: Amanda Wilson In response to President Trump's executive order requiring two regulations to be repealed for every new regulation issued and the regulatory freeze memorandum issued on Inauguration Day, an IRS official has stated that the IRS is...

Do Tax Regs Have an Out From the New 2-1 Rule?

By Amanda Wilson on Feb 10, 2017 in audit, IRS, lowndes, Partnership Tax, regulations, taxing times, treasury, International

By:  Amanda Wilson As I previously discussed (here), President Trump issued an Executive Order requiring government agencies to identify two regulations for repeal for every new regulation that they wish to issue.  The initial reaction of this...

Tax Regulations Subject to New 2-1 Rule

By Amanda Wilson on Jan 31, 2017 in audit, IRS, lowndes, Partnership Tax, regulations, taxing times, treasury, International

By:  Amanda Wilson Yesterday, President Trump signed an executive order that requires government agencies to identify two regulations for repeal for every new regulation that they wish to issue.  This order applies to tax regulations (including...

Ryan Says Tax Reform Coming, But Later This Year

By Amanda Wilson on Jan 30, 2017 in Congress, government, tax code, tax reform, taxing times, IRS, Obama care, medical marijuana, International

By: Amanda Wilson On Friday, House Speaker Ryan stated publicly that tax reform legislation will be included in one of two must pass budget resolutions this year, but it will be included in the fiscal 2018 budget resolution rather than in the...