There was an interesting article in yesterday's Wall Street Journal about the difficulties facing an overhaul of the tax system. The article can be found here.

By: Amanda Wilson Earlier this year, I posted about the possibility that the NFL may lose its tax exempt status. The NFL has decided instead to give up its tax-exempt status. It has been estimated that the tax-exempt status only saved the NFL about...

By: Amanda Wilson Last week, I was at the ABA Tax Section meeting in DC, and one refrain that I heard over and over is that tax reform is a major priority for Congress. The Obama administration has basically shut down the possibility of personal tax...

By: Amanda Wilson The IRS announced yesterday that it examined 6 percent fewer tax returns in 2014 than 2013. In addition, the total number of tax exams for business returns has dropped to the lowest level in eight years. For large corporations, the...