by Lisa Monk & Associates LLC | Oct 6, 2020 | Tax Tips and News
Achieving a Better Life Experience (ABLE) accounts now have final regulations from the Internal Revenue Service. Published last Thursday, this is the latest in a series of recently published final regulations that address changes to programs and rules affected by the...
by Lisa Monk & Associates LLC | Oct 6, 2020 | Tax Tips and News
As we’ve mentioned before, the Internal Revenue Service has been fighting abusive tax shelters that use syndicated conservation easements as their main vehicle. More details have now been released on how their prosecution may unfold. The IRS Chief Counsel has released...
by Lisa Monk & Associates LLC | Oct 2, 2020 | Tax Tips and News
The Internal Revenue Service closed out September by announcing the publication of final regulations for the business-related entertainment deductions that were removed from section 274 by the Tax Cuts and Jobs Act. Corporations celebrated the new 21 percent tax rate...
by Lisa Monk & Associates LLC | Oct 1, 2020 | Tax Tips and News
Final regulations for the default rate of individual income withholding for certain periodic retirement and annuity payments that are made in 2021 are now available. The Internal Revenue Service announced the document’s publication this week, adding to the growing...