IRS urges entities with EINs to update their information

IRS urges entities with EINs to update their information

Insights < Back to Insights and Resources IRS urges entities with EINs to update their information TAX ALERT  |  August 06, 2021 Authored by RSM US LLPStarting in August, the Internal Revenue Service will begin issuing letters to approximately 100,000 businesses,...
IRS proposes new regulations for mandatory e-filing

IRS proposes new regulations for mandatory e-filing

Insights < Back to Insights and Resources IRS proposes new regulations for mandatory e-filing TAX ALERT  |  July 26, 2021 Authored by RSM US LLPThe IRS published new proposed regulations that further the Taxpayer First Act (TFA) electronic filing requirements for...
IRS drops draft instructions for Schedules K-2 and K-3

IRS drops draft instructions for Schedules K-2 and K-3

Insights < Back to Insights and Resources IRS issues draft instructions for Schedules K-2 and K-3 TAX ALERT  |  July 14, 2021 Authored by RSM US LLPOn June 30, 2021, the U.S. Treasury Department (Treasury) and the Internal Revenue Service (IRS) dropped draft...
Tax Court applies equitable estoppel against taxpayer

Tax Court applies equitable estoppel against taxpayer

Insights < Back to Insights and Resources Tax Court applies equitable estoppel against taxpayer TAX ALERT  |  June 10, 2021 Authored by RSM US LLPIn New Capital Fire, Inc. v. Commissioner, T.C. Memo. 2021-67, the Tax Court held that capital gains from a merger are...