IRS increases retirement plan contribution limits for 2018
The Internal Revenue Service issued the annual cost of living adjustments Thursday for 401(k) contributions, pension plans and other...
IRS issues 2018 inflation-adjusted tax tables and many other tax provisions
On Thursday, October 19th, 2017, the IRS issued the annual inflation adjustments for 2017 for more than 50 tax provisions as well as the...
IRS won’t accept returns next year without health coverage
The Internal Revenue Service said that for the upcoming 2018 filing season, it will not accept electronically filed tax returns where...
Penalty Relief for Certain Late Partnership Returns
Summary Cross References - Notice 2017-47 The Surface Transportation Act of 2015 changed the due date for filing partnership returns...
Employer-Provided Vehicles
Summary Cross References - Notice 2017-3 If an employer provides an employee with a company-owned vehicle, and the employee uses the...
Married Filing Jointly or Separately?
Summary Cross References - Edwards, T.C. Summary Opinion 2017-52, July 17, 2017 What determines if a return is Married Filing Jointly...
Special Per Diem Rates
Summary Cross References - Notice 2017-54 Each year the IRS updates the special per diem rates for taxpayers to use in substantiating...
New Option for Claiming Research Credit
Summary Cross References - IR-2017-93, May 3, 2017 The IRS is reminding eligible small business startups that they can now choose to...