President signs Taxpayer First Act, fixing effective date of various provisions
Taxpayer First Act On July 1, the President signed into law the Taxpayer First Act of 2019 (the Act) (P.L. …
Final regs set out rules for truncated taxpayer identification numbers
T.D. 9861; Reg. § 1.6052-2, Reg. § 31.6051-1, Reg. § 31.6051-2, Reg. § 31.6051-3, Reg. § 301.6109-4 IRS has issued final regs that amend existing …
President signs IRS reform bill, the Taxpayer First Act
On July 1, President Trump signed the IRS reform bill, the Taxpayer First Act. The Act changes the management and oversight …
Supreme Court limits rule that requires judges to defer to agencies
Kisor V. Wilkie, (S Ct 6/26/2019) The Supreme Court, via what in effect was a 5 to 4 vote, has …
CA 11: Payment to ex-husband under divorce agreement was deductible loss
Mihelick, (CA 11 6/18/2019) 123 AFTR 2d ¶2019-791 The Court of Appeals for the Eleventh Circuit has reversed a district court …
How tax professionals should report data breaches to the IRS
IRS Return Preparer Office email dated 6/24/2019 In an email from the Return Preparer Office, the IRS has provided tax …
Taxpayer Advocate’s mid-year report identifies priority challenges facing IRS and TAS
IR 2019-119 Taxpayer Advocate Service: FY 2020 objectives report to Congress National Taxpayer Advocate (NTA) Nina E. Olson released her …
IRS is accepting renewal applications for ITINs expiring by the end of 2019
IR 2019-118 In a News Release, IRS announced that it is now accepting renewal applications for the Individual Taxpayer Identification …
Special study on Taxpayer First Act of 2019
H.R. 3151, the Taxpayer First Act of 2019 Joint Committee on Taxation; Description of H. R. 1957, the “Taxpayer First …
Senate passes IRS reform bill
The Senate passed the Taxpayer First Act (H.R. 3151) on Thursday, June 13 by a voice vote. The bill includes …