New law ahead road sign By: Amanda Wilson Last Friday, President Obama signed into law a bill that provides temporary funding for the highway trust fund. Buried in the law are several permanent changes to the tax code that are unexpected....

By: Amanda Wilson Yesterday, Senator Al Franken sent a letter to the Department of Treasury taking aim at "carried interest" income. In the letter, Senator Franken asked the IRS to revise Form 1065 (the tax return form for partnerships) to require...

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 This week, the IRS issued new guidance for charitable hospitals that are required to disclose the failure to meet the requirements imposed by the Affordable Care Act. This new guidance is meant to lessen the burden on such...