Senior Services 2017-07-26T19:17:17+00:00

Make a Difference for Generations to Come

Make a Difference for Generations to Come

Ways You Can Give to Make a Difference

Planned Giving

About Bequests

You may be looking for a way to make a significant gift to help further our mission. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways that you can support our cause.

Learn More

IRA Charitable Rollover

An IRA rollover allows people age 70 1/2 and older to reduce their taxable income by making a gift directly from their IRA.

Learn More

Beneficiary Designations

A beneficiary designation gift is a simple and affordable way to make a gift to support our cause. You can designate our organization as a beneficiary of a retirement, investment or bank account or your life insurance policy.

Learn More

Charitable Gift Annuities

A charitable gift annuity is a great way you can make a gift to our organization and benefit. You transfer your cash or property to our organization and we promise to make fixed payments to you for life at a rate based on your age.

Learn More

Donor Stories

Learn how others have made an impact through their acts of giving to our organization and others. Explore the many benefits of charitable gift planning.

Learn More

Gift Options

SeniorServ Volunteer

Find out What to Give and learn about the best assets to make a planned gift. Learn about gifts of cash, securities and property. Learn How to Give and discover gift options that provide tax and income benefits. Discover the best planned gift to meet your goals.

Learn More
Text Resize
Print
Email
Subsribe to RSS Feed

Saturday August 17, 2019

Washington News

Washington Hotline

Taxpayer Advocate Nina Olson Seeks Prompt IRS Guidance

National Taxpayer Advocate Nina Olson will be retiring on July 31. Olson has been praised by members of both parties for her consistent efforts to assist taxpayers and urge the IRS to improve its services.

In a speech to the New York University Tax Controversy Forum, Olson criticized the IRS for producing guidance just before the April 15 filing deadline.

When new tax laws are passed by Congress, the IRS must publish explanations for taxpayers, CPAs and other tax preparers. Because many tax provisions are complicated, it is difficult for tax preparers to correctly calculate the tax due and file the required tax forms without IRS guidance. This is especially a problem if the IRS guidance or explanations are published just before the April 15 filing deadline.

Olson noted, "When you get guidance related to the filing season that comes on April 11 or April 13, like we've seen with 199A, or we have seen with 965 last year, that is really a violation of the taxpayer trust. I see FAQs as an important tool, but they are vastly overused by the IRS."

The IRS publishes Frequently Asked Questions (FAQs) in many areas. The FAQs often include specific examples showing how to calculate and determine the correct tax. They are an excellent guide if taxpayers have questions regarding how to apply the tax law to their specific situation.

Editor's Note: Olson continues to seek to advocate for taxpayers. She has created a nonprofit, the Center for Taxpayer Rights, and will continue to attempt to assist taxpayers.

Published June 28, 2019
Print
Email
Subsribe to RSS Feed

Previous Articles

Taxpayer Advocate Desires IRS Improvements

The New 'Taxpayer Friendly' IRS?

IRS Enhances Taxpayer Protections

Health Savings Account Limits Published

Time for a "Paycheck Checkup"

scriptsknown