The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law.       Home  |  Subscribe       Tax Practice   Jun 05, 2018       Top Stories   IRS provides penalty and filing relief on transition tax by MICHAEL COHN   The agency is waiving some of the late-payment penalties pertaining to the section 965 transition tax on foreign earnings in the new tax law. READ MORE »       IRS budgets $291M on technology for tax reform by MICHAEL COHN   The Internal Revenue Service plans to spend close to $300 million to implement the new tax law. READ MORE »     SPONSOR CONTENT Web Seminar: Avoiding household employment risk   Without expert guidance, families with domestic workers will likely make a number of expensive, time-consuming mistakes. June 07 2018 2:00PM EDT CLICK HERE TO REGISTER »     Florida nabs money managers as property tax cap boosts its pitch by LYNNLEY BROWNING AND GILLIAN TAN   Florida