Taxes

Read the latest headlines regarding taxes and tax law.

Use of standard mileage rate, other rules are updated for TCJA

IRS commissioner seeks to enhance taxpayer contacts, target enforcement

Automatic accounting method change procedures updated

IRS posts 2020 inflation adjustments and tax tables

Retirement plan contribution limits increase for 2020

TIGTA outlines IRS challenges for 2020

Taxpayers may deduct casualty losses in prior years

IRS clarifies the tax treatment of cryptocurrency ‘hard forks’ and ‘airdrops’

CFC downward attributions get safe harbors

IRS issues 2019 to 2020 per-diem rates for traveling away from home

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