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The US Court of Appeals for the DC Circuit today upheld the IRS Annual Filing Season Program, finding that the IRS had the legislative authority to develop and implement the Program under existing statute. ... Read
Notice 2018-64 proposes a revenue procedure that provides guidance on methods for calculating W-2 wages for purposes of section 199A of the Internal Revenue Code (Code) and proposed §§ 1.199A-1 through ... Read
The IRS released the long-awaited guidance for 199-A, Qualified Business Income (QBI), this morning. This release contains proposed regulations concerning the 20% QBI deduction that impacts small businesses, ... Read
Mark, The attached may be what you remember. Can't say that the Court's reasoning is easy to follow, but it is a win for the taxpayer. Bill ------------------------------ William Delaney EA, ATA billdelaneyea@gmail.com Westwood MA (781) 551-9252 ...
Jack, I think the problem is that, once the spouse discovers that there is more reportable income, she will be back in court to raise the support amount, so the employer wants to compensate without compensating, in a manner of speaking. You all might ...
Yes, Jack, but he is thinking about the "old" days. In one of my most favorite movies, The Sting, the out-of-town bunko squad lieutenant raids an "establishment" and wants to do a search of the individual rooms. The Madam of the joint resists, and he ...
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