Although the IRS’s burden for initial investigatory information requests from taxpayers is “slight,” it can only investigate for legitimate purposes, must only seek information relevant to that purpose (which is initially narrow), can only ask for information it does not already have, and must follow statutory administrative procedures. These threshold matters narrowed what the IRS ... [Read more]
Insights and Analysis
Taxpayers must know the various thresholds and incentive-related amounts as they plan their income and make investment decisions. This is why one must pay special attention to the IRS announcements of inflation adjustments for income and capital gains tax brackets in addition to new numbers for several other common tax deductions and credits. E.g. Rev. ... [Read more]
In our last post, we reviewed the decision (and Supreme Court non-decision) in Ajemian v. Yahoo, Inc., 478 Mass. 169 (2017). At issue was what happens to a user’s email stored with an electronic service provider if the user dies intestate. The court outcome was that the executor of an estate can access a decedent’s ... [Read more]