Tag Archives | Charitable Planning

Washington Hotline – September 24, 2019

WASHINGTON NEWS IRS Program to Increase Employee Smartphone Security One important function of the Treasury Inspector General for Tax Administration (TIGTA) is to review IRS security practices. The IRS is tasked with protecting personal tax information for over 140 million American taxpayers. TIGTA regularly reviews IRS policies to encourage higher levels of security for these […]

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Washington Hotline – September 19, 2019

WASHINGTON NEWS Making Correct Quarterly Estimated Tax Payments In IR-2019-152, the Service reminded certain taxpayers the third quarter estimated tax payment is due on September 16, 2019. The fourth quarter’s estimated tax payment for tax year 2019 will be due on January 15, 2020. Most investors, self-employed individuals and workers in the sharing economy do […]

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Washington Hotline – September 17, 2019

WASHINGTON NEWS Making Correct Quarterly Estimated Tax Payments In IR-2019-152, the Service reminded certain taxpayers the third quarter estimated tax payment is due on September 16, 2019. The fourth quarter’s estimated tax payment for tax year 2019 will be due on January 15, 2020. Most investors, self-employed individuals and workers in the sharing economy do […]

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Washington Hotline – September 10, 2019

WASHINGTON NEWS September – Excellent Time to Check Your Withholding With about four months left this year, September is an excellent time to check your withholding amounts. In IR-2019-149, the Service explained enhancements to the Tax Withholding Estimator tool on IRS.gov. The “estimator” is a mobile-friendly tool with new features for self-employed individuals. Many taxpayers now […]

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Washington Hotline – August 13, 2019

WASHINGTON NEWS IRS Reveals Revamped Tax Withholding Tool For many years, the IRS has offered the “Withholding Calculator,” an online tool to assist taxpayers in performing a “Paycheck Checkup.” After listening to taxpayer feedback, the IRS has replaced the Withholding Calculator with a new tool designed to improve taxpayers’ user experience. In IR-2019-139, the Service […]

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Washington Hotline – August 6, 2019

WASHINGTON NEWS Praise for Taxpayer Advocate Olson On July 31, 2019, National Taxpayer Advocate Nina Olson retired. She served taxpayers as their “voice at the IRS” since 2001. The Taxpayer Advocate Service was created by Congress to give taxpayers an independent voice regarding IRS services. Olson conducted many studies and research projects designed to encourage […]

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