IRS announces per diem rates for post-September 30 travel
The IRS has announced the special per diem rates that taxpayers may use to reimburse employees for expenses incurred during travel after September 30, 2017. The IRS announces new rates each year aroun...

NTA Olson expresses concern about installment agreements and ability to pay
National Taxpayer Advocate Nina Olson recently expressed concern that many IRS installment agreements are disregarding a taxpayer’s ability to pay and meet his or her basic living expenses and, ...

IRS again revises passport certification start date
The IRS has announced on its website that passport certifications to the U.S. State Department are expected to begin in January 2018. Previously, the agency reported that passport certifications would...

Projections for 2018 inflation-adjusted tax amounts available
The Tax Code requires that federal income tax brackets and certain other figures be adjusted for inflation annually. Wolters Kluwer has projected the 2018 standard deduction, tax bracket amounts and o...

Over- and underpayment interest rates remain same for fourth quarter 2017
The IRS has announced that the interest rates on overpayments and underpayments of tax for the calendar quarter beginning October 1, 2017, will remain unchanged. The rates will be:4 percent for overpa...

MI - Assessment for possession of untaxed cigarettes upheld
A taxpayer who purchased cigarettes from an out-of-state business and shipped them to a friend outside of the U.S. was personally liable for Michigan tax under the Tobacco Products Tax Act (TPTA). In ...