Jana M. Luttenegger Weiler

Jana M. Luttenegger Weiler

Davis Brown Law Firm

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Latest Posts › IRS


Tax Law Blog: New Procedures to Correct Retirement Plan Mistakes

The IRS has recently modified the Employee Plans Compliance Resolution System (EPCRS) to encourage employers to adopt automatic contribution features, and to detect and correct errors in retirement plans quickly. Revenue...more

7/8/2015 - Defined Benefit Plans Employee Contributions Employer Contributions IRS Plan Administrators Retirement Plan

Tax Law Blog: Did you miss the last holiday in May? Friday was 529 Day

Did you miss the last holiday in May? Friday, May 29th (5/29) was “529 Day,” referencing 529 college savings plans. If you are asking what a 529 Plan is, you are not alone. A recent Forbes article discussing the so-called...more

6/2/2015 - 529 Plans IRS Savings Plans Tuition

Special Tax Deduction for Slain NY Officers

Last week the IRS announced a special tax option for contributions to taxpayers who make cash contributions to certain charitable organizations. The Slain Officer Family Support Act of 2015 applies to taxpayers making...more

4/7/2015 - Charitable Donations IRS Law Enforcement

Tax Law Blog: Financial Literacy at Tax Time

Were you aware you could use your tax refund to buy a U.S. Savings Bond? Or that you could split the refund between multiple accounts (such as savings and checking) with direct deposit? If you prepared your own return with an...more

3/11/2015 - Financial Education Initiatives IRS Tax Planning

Tax Blog: Tax Tips for Gifts to Charity

As the holidays approach and the end of the year draws near, the IRS has again released its list of tips for giving to charity. Of course, these rules apply to obtaining a legitimate tax-deduction for the donation. If that is...more

12/8/2014 - Charitable Deductions Charitable Donations IRS Year-End Tax Planning

Tax Law Blog: More 2015 Tax Numbers Released, Including Tax Brackets

I previously posted about the increase in retirement plan contribution limits for 2015. This week the IRS announced the tax brackets, personal exemption, and standard deduction amounts for tax year 2015. To be clear, the new...more

11/3/2014 - Coca Cola Cost-of-Living IRS Tax Deductions Tax Exemptions Tax Returns

Tax Law Blog: 2015 Retirement Plan Limits Announced

Every year, about this time, the IRS calculates the cost of living increases, and determines whether the change is enough to trigger an adjustment to the statutory limit/threshold for various areas, including retirement...more

10/24/2014 - 401k 403(b) Plans 457(b) Plans Cost-of-Living IRA IRS Retirement Plan

Change in One-Per-Year Rollover Rules on IRA

Typically a taxpayer does not have to include in gross income an amount distributed from an IRA if the funds are placed into another IRA within 60 days. This is often called a rollover. To avoid abuse of the exclusion, it...more

7/28/2014 - IRA IRA Rollovers IRS Proposed Regulation

Tax Law Blog: UPDATE: Form 1023 EZ Released for Small Nonprofits

It seems as soon as I blogged about the draft Form 1023-EZ, the IRS released the final form. So, this will serve as an update and follow-up to my June 30, 2014 post. on the Form 1023-EZ, the IRS has now released Form...more

7/2/2014 - Form 1023 EZ IRS Small Business

Tax Law Blog: New Simplified Application Form for Small Nonprofits

The IRS is releasing a new Form 1023-EZ, a simpler form of the regular Form 1023 used to apply for tax-exempt status as a 501(c)(3) organization. The form is available to small organizations, specifically those with less than...more

7/1/2014 - 501(c)(3) Churches Credit Counselors Form 1023 EZ Hospitals IRS Non-Profits Tax Exempt

IRS Releases Taxpayer Bill of Rights

On Tuesday, the IRS released what it calls the Taxpayer Bill of Rights, grouping together the rights that taxpayers have in the tax code. These rights have always existed, but now the IRS has put the rights together in a...more

6/12/2014 - Income Taxes IRS Taxpayers' Bill of Rights

Updated E-Filing Requirements for Tax Preparers

In the IRS's point of view, preventing fraud and abuse of the electronic filing system is the shared responsibility of both the IRS and authorized e-file providers. In an effort to stop the fraud, abuse, and resulting...more

5/15/2014 - E-Filing Fraud and Abuse IRS Tax Preparers

Deadline Approaching to Avoid Losing Tax Exempt Status

May 15 is a key deadline for many tax-exempt organizations. The Form 990 series returns are due on the 15th day of the 5th month after the end of the tax year. For most organizations that run on a calendar year, that...more

5/8/2014 - Filing Deadlines Form 990 IRS Non-Profits

Filing From Home, and Health Insurance Reporting on W-2s

According to an IRS release last week, the number of taxpayers electronically filing their own returns from home has increased compared to last year at this time by approximately 6%. Overall, the IRS has received about the...more

3/19/2014 - Health Insurance IRS Tax Returns W-2

"Extensive Wait Times" Ahead with the IRS

Yesterday the IRS released a YouTube video from John Koskinen, the new commissioner, assuring taxpayers the IRS is dedicated to assisting taxpayers this filing season, and advising taxpayers the best methods to seek tax...more

2/12/2014 - IRS Tax Advice Tax Preparers TurboTax

IRS Change to Use-Or-Lose Rule for FSA Accounts

Typical Flexible Spending Arrangements (FSAs) (also commonly called flexible spending accounts) allowed employees to set aside money pre-tax to pay for medical expenses not covered by insurance, including deductibles, copays,...more

11/25/2013 - Carryover Basis Flexible Spending Accounts Healthcare IRS

Tax Law Blog: Interactive Form to Assist in Applying for 501(c)(3) Status

The IRS has started a "Stay Exempt" program for exempt organizations to assist in applying for and maintaining tax-exempt status. The website has tips and links to resources and online training videos in an effort to "ensure...more

11/5/2013 - 501(c)(3) Exempt Organizations IRS Tax Exemptions

Tax Law Blog: IRS Back to Work, What to Expect

With the federal shutdown over, IRS workers are back to work and starting to tackle the backlog. After 16 days of not opening mail, not processing returns, and not answering phone calls, the IRS is expecting it will take some...more

10/21/2013 - IRS

Tax Law Blog: Tax Evasion Charges for Ty Beanie Babies Creator

I have to think most people at least know what a "Beanie Baby" is, and some of you may still have them in your homes (someday they will be collector items, right?). This morning, Ty Warner, the creator of Beanie Babies, was...more

9/19/2013 - DOJ IRS Tax Evasion UBS

Tax Law Blog: Is This the End of Automatic Gratuities?

Starting in January, the IRS will begin treating automatic gratuities as wages which are subject to payroll tax withholding. Many restaurants add the automatic gratuity to large groups to ensure the server is tipped...more

9/9/2013 - IRS Payroll Taxes Restaurant Industry Tips Wages Withholding Requirements

Tax Law Blog: IRS Statement on DOMA and Tax Tips for Newlyweds

On June 26, the United States Supreme Court ruled a portion of the Defense of Marriage Act (DOMA) was unconstitutional. A full explanation of the article is available on a prior post. Experts in the tax realm have mixed views...more

7/2/2013 - DOMA Income Taxes IRS Itemized Deductions Marital Status Same-Sex Marriage Tax Planning W-4

Tax Law Blog: IRS Announces Furlough Days

We expected it would happen, and now the time has come. The IRS has sent out furlough notices to the entire IRS workforce notifying employees that the IRS will shut down completely on the following days: May 24, June 14, July...more

4/29/2013 - Furloughs IRS

Tax Law Blog: Common Errors to Avoid in Tax Returns

The April 15th deadline for federal individual income tax returns is less than a week away, meaning lots of people who haven't filed yet are scrambling to finish (or file for an extension). Rushing to get the return filed can...more

4/10/2013 - Income Taxes IRS Tax Returns

Tax Law Blog: The IRS is Airing its Dirty Laundry

Unfortunately there is not a sci-fi theme video to spread the word on the Dirty Dozen (though there is a short YouTube video on the topic). Here are the most common tax scams the IRS wants you to be aware of during tax...more

3/29/2013 - Fraud Identity Theft IRS Offshore Funds Phishing Scams Scams

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