Monthly Archive:: August 2021

TweetShareSharePin0 SharesFirm Guides Parents Through College Savings Plans According to a survey conducted by the New York-based College Board, college tuition costs are rising faster than the pace of inflation. Between 1993 and 2003, for example, the average cost of tuition and fees for four years rose 47 percent at public colleges and 42 percent

TweetShareSharePin0 Shares As policymakers consider using the budget reconciliation process to make tax changes and enact new spending programs, they may be inclined to add to an already growing list of temporary tax provisions. New temporary tax policy should be avoided in reconciliation. Temporary policy creates uncertainty for taxpayers and scheduling more expirations will add

TweetShareSharePin0 Shares In US v Vaught a federal district court in Idaho declined to enforce a third party summons due to the IRS’s failure to notify a taxpayer of its intent to contact a third party during the course of the audit.   In this post I will discuss Vaught and provide some context for