Around this time of year, key inflation-adjusted amounts are set for the coming year. For some of these amounts, there are “hints” at what final numbers may look like. Such is the case for...
The IRS has announced that it will amend the so-called controversial "documentation regulations" so they apply only to interests issued or deemed issued on or after January 1, 2019. Such delay also gi...
In a recent post on the Taxpayer Advocate Service (TAS) site, National Taxpayer Advocate Nina Olson made the case that the IRS’s standards for assessing a taxpayer’s ability to pay an outs...
The new chief of IRS Criminal Investigations (CI), Don Fort, has announced some enforcement priorities for his team. CI will organize a new nationally coordinated investigations unit, which will focus...
The myRA savings program will be discontinued, the Treasury Department has announced. Treasury attributed the end of the program to low demand.Treasury launched myRA as nationwide in 2015. Account hol...
The Georgia Department of Revenue is providing tax relief to the victims of Hurricane Harvey. The Department is postponing until January 31, 2018, certain deadlines for individuals who reside, and bus...
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