/tax-authority/federal?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Authority Federal Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Fri, 19 Sep 2025 22:39:42 +0000 /tax-authority/federal/articles/2390228?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390228 The federal government told the U.S. Supreme Court Friday that lower courts incorrectly determined President Donald Trump's emergency tariffs unlawful under a statute that gives the executive broad authority to regulate the economy in matters of national emergency,. Fri, 19 Sep 2025 19:45:31 +0000 /tax-authority/federal/articles/2390252?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390252 The recently enacted federal budget that attaches stricter foreign supply chain and business ownership rules to clean energy tax credits has started to take practical effect, with project developers rewriting agreements to avoid getting snagged in the new regulatory regime. Fri, 19 Sep 2025 18:49:53 +0000 /tax-authority/federal/articles/2389905?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389905 Four years after countries agreed to an international minimum corporate tax regime known as Pillar Two, finance executives and policy observers are voicing a common refrain: multinational companies likely will pay more compliance costs than actual taxes under the new rules. Fri, 19 Sep 2025 18:15:13 +0000 /tax-authority/federal/articles/2389911?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389911 A national emergency underpinning U.S. tariffs imposed on Canada and another one justifying most American tariffs on Brazil would be ended under a pair of resolutions introduced with bipartisan support by Sen. Tim Kaine, D-Va. Fri, 19 Sep 2025 17:33:04 +0000 /tax-authority/federal/articles/2390362?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390362 A woman who faced more than $1 million in civil penalties for failing to report offshore bank accounts to the IRS is off the hook, as a Texas federal court ruled Friday that the federal government violated her constitutional right to a jury trial. Fri, 19 Sep 2025 17:03:55 +0000 /tax-authority/federal/articles/2386163?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2386163 In the event that the U.S. Supreme Court decides in V.O.S. Selections v. Trump that the president doesn't have authority to levy tariffs under the International Emergency Economic Powers Act, importers should keep records of imports on which they have paid such tariffs and carefully monitor the liquidation dates, say attorneys at Butzel. Fri, 19 Sep 2025 15:21:25 +0000 /tax-authority/federal/articles/2390175?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390175 A Cayman Islands hedge fund urged the Third Circuit to revive its challenge to a $100 million tax bill for earning money in connection with a U.S. business, saying the business did not exist, contrary to claims by the IRS and the U.S. Tax Court. Fri, 19 Sep 2025 13:08:37 +0000 /tax-authority/federal/articles/2390327?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390327 The Internal Revenue Service's weekly bulletin, consisted of just one item, the removal of a proposed rule that would have allowed the U.S. State Department to share taxpayer return information related to the revocation or denial of passports for those with serious tax debts. Fri, 19 Sep 2025 12:04:52 +0000 /tax-authority/federal/articles/2390172?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2390172 Nearly 70 occupations, including bartenders, food preparation workers, musicians, electricians and social media influencers, were included in the proposed list of occupations subject to President Donald Trump's policy of no tax on tips, the Internal Revenue Service said Friday.  Fri, 19 Sep 2025 10:07:44 +0000 /tax-authority/federal/articles/2389376?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389376 The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons. Thu, 18 Sep 2025 19:05:27 +0000 /tax-authority/federal/articles/2389681?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389681 The U.S. government disclosed additional details Thursday on the agreement between the IRS and immigration enforcement authorities to share confidential tax return information, including who had necessary permissions to access the disclosures, following a D.C. federal judge's order in a lawsuit seeking to end the interagency data sharing. Thu, 18 Sep 2025 17:35:54 +0000 /tax-authority/federal/articles/2389873?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389873 Extending pandemic-era enhancements to premium tax credits that subsidize marketplace health plans would increase the deficit by $350 million by 2035, though it would also increase the number of people with health insurance by 3.8 million, the Congressional Budget Office said Thursday. Thu, 18 Sep 2025 17:19:59 +0000 /tax-authority/federal/articles/2389450?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389450 Halliburton can continue challenging the legality of a U.S. Treasury Department regulation that denies tax deductions for settlement agreements, a Texas federal judge ruled, refusing to toss the company's claims connected to the deductibility of a $35 million payment to Nigeria's government. Thu, 18 Sep 2025 13:31:59 +0000 /tax-authority/federal/articles/2389646?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389646 The Fifth Circuit stood by its decision not to quash an IRS summons for a cryptocurrency executive's bank records, rejecting his request to reconsider its finding that he must wait until the federal government decides whether to bring legal proceedings against him before challenging a lower court's ruling. Thu, 18 Sep 2025 11:48:25 +0000 /tax-authority/federal/articles/2389699?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389699 An IRS official serving as head of the agency's Large Business and International Division who was placed on leave accused the agency of unlawfully leaking information on her employment status to news outlets including Fox News and Bloomberg, according to a complaint filed Thursday in D.C. federal court. Thu, 18 Sep 2025 11:43:59 +0000 /tax-authority/federal/articles/2370787?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2370787 My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law. Wed, 17 Sep 2025 20:02:25 +0000 /tax-authority/federal/articles/2388088?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2388088 Counsel for members of the Blackfeet Nation tribe told the Ninth Circuit on Wednesday their suit challenging President Donald Trump's emergency tariffs should stay in federal district courts, where constitutional and congressional claims over tribal commerce must be heard. Wed, 17 Sep 2025 19:13:47 +0000 /tax-authority/federal/articles/2389218?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389218 Billionaires would pay higher taxes on their unrealized gains from property, stocks and other valuable assets under legislation reintroduced Wednesday by Senate Finance Committee ranking member Ron Wyden and other congressional Democrats. Wed, 17 Sep 2025 18:49:30 +0000 /tax-authority/federal/articles/2389123?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389123 The House Ways and Means Committee unanimously approved legislation Wednesday that would grant the U.S. Tax Court the power to issue subpoenas without connection to a scheduled hearing and apply mandatory recusal rules to its judges. Wed, 17 Sep 2025 18:22:55 +0000 /tax-authority/federal/articles/2389280?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/federal/articles/2389280 An information sharing agreement between the IRS and immigration enforcement agencies allows for disclosure of confidential tax information on a mass scale, as evidenced by an IRS official's declaration in a taxpayer group's suit, immigration advocacy groups challenging the agreement told the D.C. Circuit on Wednesday.