2015 was undeniably the most significant year for tax legislation since the American Taxpayer Relief Act of 2012 (P.L. 112-240). The year also closed with a long list of regulations and rulings to its credit…despite concerns that a reduced IRS budget would slow guidance to a crawl. And the Supreme Court, appellate courts and the U.S. Tax Court all showed that taxpayers could still score some decisive victories. Tax developments during 2015 impact a wide variety of taxpayers and involve many different issues.
A new “Tax Briefing: 2015 Tax-Year-In-Review” is now available, designed to bring you up to speed, in summary style, on the most significant developments of the past year, particularly those with an impact on the 2016 filing season, prior-year refund opportunities, and prospective tax strategies. For a review of this latest Tax Briefing, click here.