On February 26, 2026, Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon) introduced the Taxpayer Assistance and Service Act, a bipartisan legislative package proposing
Continue Reading Senators Introduce Bipartisan Legislation to Significantly Improve Federal Tax Administration and ProcedureJonathan Wasser
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Court Ruling Creates Refund Opportunity for Pandemic-Era IRS Interest and Penalties
By Jonathan Wasser on
Fox Rothschild attorneys Matthew D. Lee, Brian C. Bernhardt, and Jonathan M. Wasser have authored a client alert regarding a new refund opportunity for taxpayers who accrued IRS…
Continue Reading Court Ruling Creates Refund Opportunity for Pandemic-Era IRS Interest and PenaltiesTrump and Congress Nullify IRS Reporting Rule for Digital Assets
By Chantal Renta & Jonathan Wasser on
Crypto platforms are relieved for now of the duty to report user transactions
The federal rule that would have required crypto platforms to report users’ transactions to the IRS has…
Continue Reading Trump and Congress Nullify IRS Reporting Rule for Digital Assets