IRS Offers Tips for Year-End Giving – Part 1

December 17, 2013
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

The IRS provided guidance today for tips for year-end giving. Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following:…

Fast Track Settlement Program Now Available Nationwide; Time- Saving Option Helps Small Businesses Under Audit

November 22, 2013
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

“The Internal Revenue Service today announced the nationwide rollout of a streamlined program designed to enable small businesses under audit to more quickly settle their differences with the IRS. The Fast Track Settlement (FTS) program is designed to help small businesses and…

IRS Amends Guidance For Innocent Spouse Relief

October 31, 2013
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

The IRS has issued new guidance and streamlined procedures for spouses who are seeking equitable relief from joint income tax liability. Revenue Procedure 2013-34 provides the threshold requirements for any request for equitable relief and sets forth conditions under which the…

Treasury and IRS Announce That All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes; Ruling Provides Certainty, Benefits and Protections Under Federal Tax Law for Same-Sex Married Couples

September 3, 2013
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes. The ruling applies regardless of whether…