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Tuesday June 18, 2019
News
How to Give Property to Children
Parents have a number of reasons for making gifts to children. First, a parent should have sufficient resources for retirement and for long-term care needs before making...MORE
How to Protect Yourself from the Social Security Imposter Scam
I recently received a strange call from an individual claiming to be a Social Security employee. The caller informed me that my Social Security number had been suspended because it was involved in a...MORE
The New 'Taxpayer Friendly' IRS?
On June 13, the Senate passed the Taxpayer First Act (TFA) and sent the bill to the President for his signature. The bill to reform the IRS received praise from leaders of both parties.
Senate Finance Committee Chairman Chuck Grassley (R-IA) supported the bill and noted it is "a big first step toward strengthening taxpayer protections and turning the IRS into the customer service organization it ought to be."
Senate Finance Committee Ranking Member Ron Wyden (D-OR) also spoke favorably about the IRS reform act. He stated, "Our bill includes critical provisions to improve...MORE