By Vidya Kauri (January 1, 2019, 12:03 PM EST) -- The new year is expected to see the Internal Revenue Service continue to propose and finalize regulations to implement the December 2017 federal tax overhaul.
The agency faces a time crunch, with businesses and individuals eager to take advantage of Tax Cuts and Jobs Act provisions that are already in effect, and many of the law's changes are scheduled to be phased out or expire after 2022.
Under the Trump administration's deregulatory agenda, the U.S. Department of the Treasury is also likely to continue evaluating existing regulations for imposing undue costs and compliance burdens on businesses.
Here are five regulatory changes the...
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