Tag Archives | Estate Taxes

Washington Hotline – June 25, 2019

WASHINGTON NEWS Taxpayer Advocate Desires IRS Improvements National Taxpayer Advocate Nina E. Olson will be retiring on July 31, 2019. In her final report to Congress, Olson expressed her appreciation for the opportunity to serve taxpayers. “I am enormously grateful for the opportunity I’ve had to advocate on behalf of our nation’s taxpayers,” Olson noted. […]

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Washington Hotline – June 11, 2019

WASHINGTON NEWS IRS Enhances Taxpayer Protections In IR-2019-101, the Service explained its latest efforts to protect taxpayers from identity thieves. Taxpayers, professional advisors and third parties (such as colleges and universities providing student assistance) have regularly requested tax transcripts from the IRS. Because identity thieves have been obtaining tax transcripts and filing fraudulent returns, the […]

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Washington Hotline – May 28, 2019

WASHINGTON NEWS Time for a “Paycheck Checkup” With employment in America at high levels, many two-income families and taxpayers with multiple jobs should perform a “Paycheck Checkup.” In IR-2019-97, the Service explained why these taxpayers should check their withholding amounts. Because 2018 was the first year for full implementation of the massive changes in the […]

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Washington Hotline – May 21, 2019

WASHINGTON NEWS Senators Thune and Casey Support CHARITY Act On May 15, Senators John Thune (R-SD) and Bob Casey (D-PA) introduced the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act. The bill expands giving options for IRA charitable rollovers and addresses other charitable provisions. The CHARITY Act includes four major provisions. If it is […]

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