Tax & Accounting Blog

IRS Large Business & International Division Issues New Rules Governing Information Document Requests in Examinations

IRS Large Business & International Division Issues New Rules Governing Information Document Requests in Examinations

The IRS Large Business and International Division has announced that all Information Document Requests (lDRs) issued after June 30, 2013, must comply with certain new principles. If the new rules are not followed, IDRs will not have effect. Moreover, any existing Memorandum of Understanding relating to IDR management that does not comply with the … Read More

Property Tax Changes From East to West

Property Tax Changes From East to West

Connecticut — Property Tax Exemptions Connecticut Legislation has changed the minimum cost of improvements eligible for a 50% property tax exemption from $25,000 to $10,000. This decreased amount is for up to three years for economic development projects that towns are authorized to approve. Missouri – Solar System Exemption L. 2013, H142, effective 08/28/2013, exempts … Read More