IRS Warns Travelers: Passports Can Be Suspended
I have mentioned this topic in prior blogs, but the IRS issued a new reminder this week and I thought it couldn’t hurt to discuss the issue again. For seriously [...]
Home Ownership: Tax Cuts and Jobs Act, Part 3
Another big question coming from many clients regarding the new Act’s effect on their returns is about home ownership. Traditionally, tax law provides numerous incentives for home ownership by [...]
Tax Reform Law Has Passed Congress
The new tax reform law has passed Congress and is awaiting the President’s signature! There are a lot of Christmas goodies in the new law, but a few lumps [...]
Tax Reform Update
The House of Representatives has passed a tax reform bill, which for the first time since the 1980’s, would enact fairly comprehensive changes to our Tax Code. The Senate is [...]
Time to Renew Expiring ITINS
Time to Renew Expiring ITINS For taxpayers who require an ITIN (Individual Taxpayer Identification Number), now is the time to renew it before the end of the year. An ITIN [...]
The IRS’ Heavy Reliance on the Online Account Benefits
From the Desk of Lauran L. Stevenson The IRS’ Heavy Reliance on the Online Account Benefits In December of 2016, the IRS launched a new taxpayer service that is supposed [...]
Taxpayer Advocate Service Mid-Year Report to Congress
From the Desk of Lauran L. Stevenson Taxpayer Advocate Service Mid-Year Report to Congress This week’s post will introduce the Fiscal Year Objectives Report to Congress. This report presents a [...]
When the IRS Knocks
From the Desk of Lauran L. Stevenson When the IRS Knocks The IRS has created a special new page (“How to know it’s really the IRS calling or knocking on [...]
Taxpayer Bill of Rights: The Right to Privacy
From the Desk of Lauran Corcoran Taxpayer Bill of Rights: The Right to Privacy Taxpayers have the right to expect that any IRS inquiry, examination, or enforcement action will comply [...]
Taxpayer Bill of Rights: The Right to Retain Representation
From the Desk of Lauran Corcoran Taxpayer Bill of Rights: The Right to Retain Representation The Right to Retain Representation: Taxpayers have the right to retain an authorized representative of [...]
Taxpayer Bill of Rights: The Right to Appeal an IRS Decision in an Independent Forum
From the Desk of Lauran Corcoran Taxpayer Bill of Rights: The Right to Appeal an IRS Decision in an Independent Forum One of the more interesting components of this right [...]
Taxpayer Bill of Rights: The Right to a Fair and Just Tax System
From the Desk of Lauran Corcoran Taxpayer Bill of Rights: The Right to a Fair and Just Tax System Taxpayers have the right to expect the tax system to consider [...]