On July 1, President Trump signed the IRS reform bill, the Taxpayer First Act. The Act changes the management and oversight of IRS with the aim of improving customer service and the process for assisting taxpayers with appeals; modifies IRS’s organization; and provides some new safeguards to taxpayers in their interactions with IRS.
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Disaster victims in Georgia and Virginia, and additional victims in Florida, North Carolina, and South Carolina, qualify for tax relief
IRS has announced on its website that victims of Hurricane Michael in counties of Georgia and victims of Hurricane Florence …
Proposed regs would tax income otherwise allocable to nonresident alien owner of ESBT
Preamble to Prop Reg REG-117062-18; Prop Reg §1.641(c)-1, Prop Reg §1.1361-1 IRS has issued proposed regs that would ensure that the income …
Official inflation-adjusted tax rate schedule and other tax figures for 2019
Rev Proc 2018-57, 2018-49 IRB, IR 2018-222, 11/15/2018 IRS has issued official inflation-adjusted tax rate schedules and other key tax figures …