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Tuesday, May 12, 2009

Your Rights As A Taxpayer

by taxnick on May 12, 2009

The IRS publishes a thorough explanation of your rights as a taxpayer.
You have rights as a taxpayer when dealing with the IRS. Whether you file a Form 1040 or a complicated corporate return, you will benefit from knowing your rights as a taxpayer and being familiar with the IRS’ obligations to protect them.
The Taxpayer Advocate [...]

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Change in Estate Tax Suggested to Pay for Health Care

by taxnick on May 12, 2009

Struggling to find ways to pay for the president’s signature health care overhaul, the administration on Monday proposed to raise nearly $60 billion more over 10 years mostly from tightening rules for inheritance taxes affecting the wealthiest estates.
The Treasury Department’s proposals, and several others affecting taxation of life insurance and some other financial products, are [...]

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