Current Federal Tax Developments

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2018-09-04 Do You Comply with the Safeguards Rule

Current Federal Tax Developments for the week of September 4, 2018: Do You Comply with the Safeguards Rule?

This week we look at the following items:

  • IRS warns tax professionals about FTC’s Safeguards Rule for confidential data
  • Clarification of how change in exemption amounts will apply to items tied to exemption amounts
  • Lessee is not able to claim conservation deduction for facade easement
  • Letter ruling approves program where employer makes plan contribution for employees who pay on their student loans
  • Taxpayer allowed extra time for late rollover where she had relied on spouse for tax and financial matters when couple separated while rollover was pending

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2018-09-04 Do You Comply with the Safeguards Rule Ed Zollars, CPA

A PDF of this week's articles can be downloaded below:

2018-09-04 Current Federal Tax Developments