LTD Tools

The Individual Tax section is a compilation of alerts and articles written by members of the ICPAS Individual Tax Committee as well as links to websites and other resources of interest to the individual tax community. Follow the links below for more information on these topics.

Individual Tax Committee Articles

  • Cook County Sweetened Beverage Tax

  • New Rules Allowing Disaster Loss Election From Prior Year

  • Individual Tax Incentives Expired at End of 2016

  • Practical Implications or Recently Enacted Legislation

  • Deducting Executive MBA Expenses

  • Taxpayers Can Now Pay Federal Tax at Participating Retail Stores

  • $50,000 in Tax Debt Can Ground Travelers

  • Recent Letters from the IRS

  • Variety of Tax Reform Proposals Introduced in Congress

  • Transit Benefit Limit Retroactively Raised for 2014 = Payroll Headache

  • IRS Interactive Tools for Useful Topics

  • Non-qualified Annuities Are Subject to Illinois Income Tax

  • Illinois HB325 Advocates Lower LLC Fees

  • Notice 2014 - 7 Exclusion of Certain Foster Care Payments, Medicaid Waiver

  • A Bill of rights for the Tax Practitioner

  • Individual Tax Implications of the Bipartisan Budget Act of 2015

  • Non-Cash Charitable Contributions Substantiation Requirements

  • New IRS Form 2848

  • New Due Dates for Employer Healthcare Reporting