IRS News IRS provides guidance on the deductibility and reporting of certain amounts paid to

IRS provides guidance on the deductibility and reporting of certain amounts paid to, or at the direction of, governments https://www.irs.gov/newsroom/irs-prov... https://accountinginstruction.info IR-2020-94, May 12, 2020  WASHINGTON — The Internal Revenue Service today issued proposed regulations under the Tax Cuts and Jobs Act (TCJA) that provide guidance to taxpayers and governments with respect to fines, penalties and certain other amounts.