[{"articleAbstract":"Treasury and the IRS said Friday the IRS will use the EPA Fuel Economy Labeling Standard in proposed regulations to define which vehicles are eligible for the Sec. 30D clean vehicle tax credits, enacted as part of the Inflation Reduction Act.","articleByline":"By Martha Waggoner","articleTitle":"Change allows more vehicles to qualify for the new clean vehicle tax credit","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/feb/change-allows-more-vehicles-qualify-new-clean-vehicle-tax-credit"},"sortDate":"2023-02-06T08:07:17.000-05:00"},{"articleAbstract":"The IRS also expanded and clarified the instructions for answering the question to help taxpayers answer it correctly. Taxpayers must answer the question even if they didn’t engage in activities involving digital assets, just as in the 2021 tax year.","articleByline":"By Martha Waggoner","articleTitle":"Taxpayers reminded about digital asset question and income reporting","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2023/jan/taxpayers-reminded-digital-asset-question-income-reporting"},"sortDate":"2023-01-24T15:40:55.000-05:00"},{"articleAbstract":"On Aug. 15, 2022, the IRS announced that it intends to defer by one more year the applicability date of certain foreign currency regulations under Sec. 987.","articleByline":"By Doug Chestnut, CPA, Washington, D.C.; Menna Eltaki, J.D., Chicago; Lee Holt, CPA, New York City; Tim Kerr, CPA, J.D., Chicago; Ravi Manne, J.D., Charlotte, N.C.; and Tim Wichman, CPA, Chicago","articleTitle":"Sec. 987 foreign currency regulations applicability date extended again","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/issues/2023/jan/sec-987-foreign-currency-regulations-applicability-date-extended-again"},"sortDate":"2023-01-01T05:00:00.000-05:00"}]