On behalf of Law Office of Williams & Associates, P.C. | Sep 27, 2016 | BOE
The California Board of Equalization (BOE) will update sales and use tax rates effective October 1, 2016, in the following cities:Compton (Los Angeles County);Corning (Tehama County);Isleton (Sacramento County);Marysville (Yuba County); and San Jose (Santa Clara...
On behalf of Law Office of Williams & Associates, P.C. | Sep 27, 2016 | Tax Crimes
Former intelligence agent Werner Mauss is the latest celebrity under scrutiny for allegedly evading taxes from profits on offshore accounts. Mr. Mauss says the accounts were opened by intelligence agencies to fund covert operations worldwide, including averting a...
On behalf of Law Office of Williams & Associates, P.C. | Sep 26, 2016 | IRS
The Internal Revenue Service (IRS) is piloting an expanded program for streamlined processing of taxpayer requests for installment agreements through the end of September 2017. For the next year, the IRS expects more taxpayers to qualify for faster processing of their...
On behalf of Law Office of Williams & Associates, P.C. | Sep 26, 2016 | IRS
The Internal Revenue Service (IRS) announced that it will begin private collection of overdue federal tax debts starting in Spring 2017. The IRS will contract with four private agencies to attempt to collect on federal debts owed that the IRS is no longer actively...
On behalf of Law Office of Williams & Associates, P.C. | Sep 22, 2016 | IRS
Beginning October 24, 2016, the IRS will be strengthening the identity authentication process of its e-services platform. If you currently use any IRS e-services, you must re-register and validate your identity to continue having...
On behalf of Law Office of Williams & Associates, P.C. | Sep 22, 2016 | IRS
Taxpayers and tax professionals across the U.S. are being targeted by yet another scam. The Internal Revenue Service and its Security Summit partners recently issued a warning regarding fake e-mails purporting to contain an IRS tax bill...
On behalf of Law Office of Williams & Associates, P.C. | Sep 21, 2016 | IRS
The Internal Revenue Service (IRS) will not adjust interest rates in the quarter beginning October 1, 2016, keeping them as follows: 4% for overpayments (3% for corporate overpayments);1.5% for the portion of a corporate overpayment exceeding $10,000; and4% for...
On behalf of Law Office of Williams & Associates, P.C. | Sep 19, 2016 | IRS
The Treasury Inspector General for Tax Administration (TIGTA) completed its statutory audit of the IRS’ Collection Due Process program and released its final report on August 30, 2016. The Collection Due Process program was designed as an opportunity for...
On behalf of Law Office of Williams & Associates, P.C. | Sep 16, 2016 | IRS
On September 1, 2016, the Treasury Inspector General for Tax Administration (TIGTA) released its fiscal year 2016 statutory review of the Internal Revenue Service’s compliance with the Freedom of Information Act (FOIA). The review found that taxpayer rights may...
On behalf of Law Office of Williams & Associates, P.C. | Sep 13, 2016 | New Laws
The IRS has issued final regulations to define terms and include same-sex marriage as a marital status for federal tax purposes. The IRS previously issued Revenue Ruling 2013-17 following the Supreme Court case, Windsor v. U.S., in which the Court addressed the terms...
