We may be a little slow to pick up on the coverage of actor Cory Monteith's estate issues. The 31-year-old star of "Glee" passed away in the summer of 2013 from an overdose of cocaine and alcohol. He did not have a will, and that raised some unusual legal issues.
We are finishing up our discussion of the Treasury Inspector General for Tax Administration's report to the IRS about the Fresh Start Initiatives. The Fresh Start Initiatives were introduced in 2011 in response to the financial crisis. Taxpayers were having more trouble than usual paying their taxes, and the IRS wanted to make it easier.
Treasury Inspector General for Tax Administration recently reviewed and commented on the IRS Fresh Start Initiatives. The program, introduced in 2011, streamlined and made small changes to processes involving offers in compromise, direct debit installment agreements and Notices of Federal Tax Liens. Taxpayers did get some relief, TIGTA reported.
When the economy tanked, the IRS proved that the government had a heart. Realizing that taxpayers were having a tough time paying off their tax debt, the agency announced that it would establish new processes and tweaking existing ones to make it a little easier. The program was dubbed the Fresh Start Initiatives.
Before you get too excited by the headline on this post, take a breath. It is a fact that the head of the Internal Revenue Service recently reported that his agency will be conducting fewer audits than usual this filing season. But they are not going away by any stretch of the imagination.
Most of our readers have heard the advice of seasoned attorneys regarding estate planning: get it done sooner rather than later. There is good reason for this advice. Engaging in early (and ongoing) estate planning can prevent a lot of problems, not only on a personal level, but also at the level of the family.
He rose like a sun from San Francisco, turning ideas about comedy inside out, backwards and upside down. Robin Williams' brilliant improvisational skills made him one of the brightest, enduring stars of American comedy. His death six months ago shocked and shook the nation.