tax Archive

TweetShareSharePin0 Shares At the most recent ABA Tax Section meeting in Dallas there were multiple panels exploring the intersection of administrative law and tax procedure. One of the hottest issues is the continued attack on the IRS for issuing Internal Revenue Bulletin (IRB) guidance and regulations for violating requirements under the APA and related case

TweetShareSharePin0 Shares Launch Our Interactive Tool Executive Summary The Tax Foundation’s State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. While there are many ways to show how much is collected in taxes by state governments, the Index is designed to show how well

TweetShareSharePin0 Shares On Election Day 2022, most eyes will be on Congress, with polls showing control of both chambers up for grabs. But the action is not limited to Washington, D.C.: across the country, voters will decide important questions through state and local ballot measures. At the state level, 25 measures in 12 states relate

TweetShareSharePin0 Shares Very few issues would touch a red button like talking to a tax practitioner or a taxpayer trying to reach the IRS by phone.  In recent years it has felt like Mission Impossible. Last week the IRS began to take action to fight back against one of the problems facing the phone issue

TweetShareSharePin0 Shares The IRS on Friday announced the 2023 inflation-adjusted dollar-amount ceilings and thresholds for a wide range of qualified retirement plans and accounts, including traditional individual retirement arrangements (IRAs) and Roth IRAs (Notice 2022-55). The notice also provides the 2023 limits on elective deferrals for plans under Sec. 401(k) and Sec. 403(b) and most

TweetShareSharePin0 Shares Les, Samantha, Caleb, and I recently returned from the ABA Tax Section’s Fall Meeting in Dallas. Among the excellent sessions I attended was a Recent Developments program of the Court Procedure & Practice committee on October 14. The panelists were Judge Lewis T. Carluzzo, Chief Special Trial Judge, United States Tax Court; Cynthia

TweetShareSharePin0 Shares The IRS is reminding taxpayers living in some disaster-declared areas that the extended time they have to file certain returns includes filing returns to qualify for the penalty relief under Notice 2022-36 for 2019 and 2020 tax returns. The relief, which covers deadlines to file but not to pay taxes, is available to