Promoting economic growth and American innovation are top priorities of this Administration. Unlawful, unnecessary, and onerous regulations impede these objectives and impose massive costs on American ...
The IRS on Monday withdrew two sets of proposed regulations issued in January, one for certain corporate spinoff transactions (REG-112261-24) and another that would have required multiyear tax ...
On Jan. 14, 2025, the Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and certain trusts that receive gifts or bequests from certain ...
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