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> Information provided on this site is for general guidance only and is often simplified. Actual IRS procedures are complex, and taxpayers should obtain professional assistance or use IRS sources for complete information.

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The resource for free online US taxation information.

Features Latest News
US Announces New Duties On Chinese Products,
by Mike Godfrey, Tax-News.com, Washington
Friday, January 23, 2015
In two concurrent decisions affecting China, the US Department of Commerce has confirmed preliminary anti-dumping duties on Chinese passenger vehicles and light truck tires, and the US International Trade Commission has affirmed injury to domestic manufacturers from Chinese and Taiwanese solar product imports. [ FULL STORY ]
Lew Still Sees US Corporate Tax Reform Prospects,
by Mike Godfrey, Tax-News.com, Washington
Friday, January 23, 2015
Treasury Secretary Jack Lew still sees the possibility of bipartisan United States corporate tax reform, even though it was not mentioned in President Barack Obama's State of the Union address. [ FULL STORY ]
Hatch Outlines US Senate Tax Reform Priority,
by Mike Godfrey, Tax-News.com, Washington
Friday, January 23, 2015
The new Senate Finance Committee Chairman, Orrin Hatch, has unveiled his Committee's 2015 agenda, which includes reform of the United States tax code as his top priority. [ FULL STORY ]
South Korea To Use FTAs To Boost Growth In 2015,
by Mary Swire, Tax-News.com, Hong Kong
Friday, January 23, 2015
South Korea's Deputy Prime Minister and Minister of Strategy and Finance, Choi Kyung-hwan, has confirmed that South Korea will use its free trade agreements with other countries to shore up the nation's economic growth potential. [ FULL STORY ]
Obama Calls For Trade Promotion Authority,
by Mike Godfrey, Tax-News.com, Washington
Friday, January 23, 2015
As had been requested by many United States business associations and lawmakers, President Barack Obama gave a clear, albeit brief, indication in his State of the Union speech on January 20 that he would be "asking both parties to give me Trade Promotion Authority." [ FULL STORY ]
Obama's Proposed Tax Hikes Raise Republican Hackles,
by Mike Godfrey, Tax-News.com, Washington
Thursday, January 22, 2015
In his State of the Union address on January 20, United States President Barack Obama outlined a plan to impose higher taxes on the nation's wealthiest individuals and on financial institutions, and to use the revenue to provide tax benefits for families. [ FULL STORY ]
US Firms Lobbying For US TPA Renewal,
by Mike Godfrey, Tax-News.com, Washington
Wednesday, January 21, 2015
US business associations are ramping up their lobbying efforts to secure renewal of Trade Promotion Authority, to expedite the conclusion of ongoing free trade talks. [ FULL STORY ]
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