On November 24, 2025, the IRS published final regulations (the “Final Regulations”) providing comprehensive guidance on the application of the excise ...

The new guidance grants employees and employers “transition relief” until Jan. 1 of the first calendar year after final rules ...

Critics argue that the Civil Rights Act of 1866 prevents charitable giving based on race. This Feature defends these charitable contributions as ...

The Trump administration is moving to shut off a little understood but politically explosive corner of the tax code, ...

Chairman FBR Rashid Mahmood Langrial, stated that work has begun on providing tax relief to the salaried class. ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, ...

The High Court held that forklifts and cranes with on/off-road capability fall within Section 2(28) and require compliance with registration and tax provisions. Machinery designed for off-highway use ...

Following a large drop in international aid, and the harms that followed, Tanzania is taking steps to decrease its reliance on external funding for health. Syriacus Buguzi reports from Dar es Salaam.

I am responding to the “Clarify Reason for Protest” letter in the Nov. 13 Chronicle, which asked what Trump and his ...

The IRS may grant a reasonable extension if the taxpayer provides satisfactory evidence of acting reasonably and in good ...

The law requires the IRS to provide a clear explanation of tax-filing errors to taxpayers on its math error notices.

The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.