Deadline to claim refund for veteran disability severance payments approaching
Code Sec. 104(a)(4) generally provides that gross income does not include amounts received as a pension, annuity, or similar allowance for personal …
Filing period for whistleblower award appeal to Tax Court not jurisdictional
Although the Tax Court properly determined that the individual’s petition was untimely, the filing period is not jurisdictional and is …
Tax Advocate issues report on earned income tax credit and “map” of tax system
Background. TAS is an independent organization within IRS whose employees assist taxpayers who are experiencing economic harm, who are seeking help …
IRS and Security Summit partners issue identity theft and tax security checklist
In 2015, IRS convened a Security Summit with chief executive officers and leaders of private sector firms and federal and …
Chief Counsel updates guidance on assessing interest and penalties on criminal restitution
Background. Under Code Sec. 6201(a)(4)(a), the IRS may assess and collect criminal restitution ordered pursuant to 18 USC 3556 for failure to pay any …
More disaster victims in Ohio qualify for tax relief
Certain other time-sensitive acts also are postponed. IRS has recently announced on its website that an additional county in Ohio …
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 …