Following President Donald Trump’s instructions to identify burdensome recent tax regulations, the Treasury Department has released a list of eight that it thinks could be revoked to lighten the compliance load on taxpayers.
As part of Notice 2017-38, the Treasury noted that 105 temporary, proposed and final regs between Jan. 1 and April 21, 2017, half of which were minor or technical in nature; of the remaining 52, these are the eight that the departments thinks are the most burdensome. (For more details, see the text version of this story.)