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Shorten IRS Tax Audit Disputes Through New Program
(Forbes) - Fast Track Settlement can resolve audit disagreements in as little as sixty days, rather than possibly years. It is an alternative dispute resolution mechanism within the IRS.
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IRS Issues 2017 Car and Truck Depreciation Limits
(JofA) - The IRS on Friday issued the 2017 inflation adjustments to the depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F.
IRAs and Tax-efficient Charitable Giving: What You Need to Know
(Ohio CPA Voice) - A review of strategies to maximize the tax benefits from charitable giving should be a fundamental part of year-end tax planning for taxpayers and their advisors. For wealthier taxpayers, this might mean complex strategies that work in tandem with estate planning.
Mnuchin Promises Individual, Corporate Tax Cuts In Overhaul
(Financial Advisor) - U.S. Treasury Secretary Steven Mnuchin said the White House is committed to a tax overhaul that includes corporate and individual tax cuts, while acknowledging it may be a challenge to get it completed by August.
9 Tips for Being More Responsive to Clients
(JofA) - Sometimes CPAs do not realize that clients are dissatisfied with their level of responsiveness.
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