2019 inflation-adjusted vehicle depreciation limits and income inclusions issued

2019 inflation-adjusted vehicle depreciation limits and income inclusions issued The IRS on Tuesday provided the limitations on depreciation deductions for passenger automobiles first placed in service in 2019 and the amounts of income inclusion for lessees of passenger automobiles first leased during 2019 (Rev. Proc. Read More …

IRS releases Data Book for 2018 showing range of tax data including audits, collection actions and taxpayer service

IRS releases Data Book for 2018 showing range of tax data including audits, collection actions and taxpayer service IR-2019-96, May 20, 2019 WASHINGTON — The Internal Revenue Service today released the 2018 IRS Data Book, a snapshot of agency activities for the fiscal year. The Read More …