New User Fee for Estate Tax Closing Letters

The Internal Revenue Service is instituting a user fee for estates seeking an estate tax closing letter. At the same time, however, the agency is reminding estates there’s another path that avoids the fee altogether.… Read more about New User Fee for Estate Tax Closing Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Announces Contracts with Debt Collectors

Taxpayers now know the private firms that could come calling to collect tax debt after September 23, 2021. This latest announcement from the Internal Revenue Service marks the fifth year the agency has used private debt collectors for overdue taxes.… Read more about IRS Announces Contracts with Debt Collectors (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Charitable Deductions for Non-Itemizers

Recent changes in the tax regulations to help ease the burdens of the pandemic could lead to lower tax bills at filing time for some Americans. The new benefits allow taxpayers who do not itemize to take advantage of donations to charity—at least for a while.… Read more about Charitable Deductions for Non-Itemizers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…