IRS urges taxpayers with traveling plans to resolve tax debts. . . On August 8, the Internal Revenue Service warned taxpayers to resolve their significant tax debts to avoid limiting the availability and use of their passports. Taxpayers should contact…
Interest on Home Equity Loans Still Deductible Under New Law The Internal Revenue Service today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers…