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Category Archives: Tax Updates

Highway Bill Gives IRS Power over Passports

Last week President Obama signed into law the Highway Bill, a five-year $305 billion law [...]

11
Dec
IRS Audit Rates Drop, Again

A recent report shows IRS individual audit rates at the lowest level since 2004. In [...]

05
Nov
Update: New Tax Deadlines

On the last day of July, Obama signed into law, H.R. 3236, the “Surface Transportation [...]

11
Aug
No Penalty for Delinquent FBAR Submissions
June 23, 2015

Several years ago, the IRS passed legislation aimed to catch at tax cheats harboring income [...]

“Blow Up the Tax Code and Start Over”
June 19, 2015

Rand Paul wrote a piece in the Wall Street Journal the other day titled “Blow [...]

Tax Relief for Disaster Victims in Texas
June 3, 2015

On its website, the IRS announced relief for taxpayers in Harris, Hayes, and Van Zandt [...]

Spring 2015 Statistics of Income IRS Bulletin Released!

Last week, the IRS released the Spring 2015 Statistics of Income Bulletin. The bulletin includes [...]

01
Jun
Obama tax proposal to impose lower tax rates on “repatriated” profits
February 6, 2015

Typically, I don’t comment on proposed legislation or politics, but there has been more than [...]

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