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National Taxpayer Advocate Nina Olson shares the Internal Revenue Service is not prepared to answer taxpayer questions about the new law. This comes on the heels of the IRS already witnessing taxpayer confusion about withholding changes, the deductibility of prepaid property taxes and more. For the remainder of the filing season, they will only answer “basic” questions about tax. She also does not expect the IRS to answer taxpayers’ questions with any specificity, but will provide the basic outline of the law so taxpayers can determine if it applies to them and whether they need to seek out the advice of a tax professional. Plans to provide guidance on various sections of new tax laws are in the works anticipating a July publish date.
If you have questions regarding new tax laws, please contact Doeren Mayhew’s tax advisors.
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