A look at the administration's tax agenda, and why they'll have to hold off on it until budget reconciliation is available again.
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March 18, 2021
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Biden's major tax changes will likely wait until October
By Julio Gonzalez      4 min read
A look at the administration's tax agenda, and why they'll have to hold off on it until budget reconciliation is available again.
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IRS tax deadline delay comes after disruptive year
By Allyson Versprille, Laura Davison and Saleha Mohsin     3 min read
The Internal Revenue Service’s delay of the April 15 tax-filing deadline to May 17 gives taxpayers an additional month to file returns and pay any outstanding levies.
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Is the pandemic driving radical changes to employment taxation?
By Koen Beckers, Mike Prewitt, Scott Flicker     3 min read
New ways of working may require states and other jurisdictions to take new approaches.
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IRS won’t subtract tax debts from stimulus payments
By Michael Cohn     2 min read
The Internal Revenue Service has decided to use its discretion to avoid reducing the size of Economic Impact Payments with tax debts owed to the federal government.
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IRS delays tax deadline until May 17
By Michael Cohn     9 min read
The Internal Revenue Service is pushing back the tax-filing deadline until May 17 after heavy pressure from Congress and tax and accounting groups.
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Tax fraud on green land spurs crackdown: ‘The IRS hates these’
By David Voreacos and Kaustuv Basu     6 min read
Syndicated conservation easement deals cheat the IRS out of an estimated $250 million by overvaluing deductions.
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Biden vows to raise taxes on anyone earning over $400K
By Nancy Cook and Jennifer Jacobs     3 min read
President Joe Biden said anyone earning more than $400,000 a year would see a tax increase under his forthcoming economic program, highlighting the administration’s plans to address inequality in part through levies on the wealthy.
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Sanders, Warren want to raise taxes to rein in excessive CEO pay
By Teaganne Finn     1 min read
Companies that pay their chief executives at least 50 times more than the typical employee would face higher taxes under a new bill offered Wednesday by Senators Bernie Sanders and Elizabeth Warren.
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IRS adds tax forms and info in Spanish, other languages
By Michael Cohn     3 min read
The Internal Revenue Service posted a Spanish version of its Form 1040 and instructions Tuesday and made available publications and online information in other languages.
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