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Welcome to DPS Legal Counsel's T for Taxes.

This is a blog providing insight and commentary on the IRS and on state and federal tax developments--statutory, regulatory, administrative, and judicial.

Government Shutdown Slows Down IRS Activities

What impact has the federal government shutdown that went into effect at midnight on October 1 had so far on the IRS? It has been reported that less than 10% of IRS employees are on the job at present due to the shutdown, and those that are working are for the most...

Good News–IRS Audits Decrease in 2012

As April 15 rapidly approaches, harried American taxpayers need some bit of good news, so I am glad to be the messenger of good tidings--even before expected budget cuts attributable to the recent sequester, the number of IRS audits that individual taxpayers were...

Eat Your Pease

No, there is not a typo on the title to this post. Pease refers to the a new provision of tax law, courtesy of the end-of-the-year fiscal cliff deal, and is named after former Rep. Donald Pease (D., Ohio). If your adjusted gross income is over $250,000 ($300,000...