The Internal Revenue Service and the Treasury Department are following up on their threat to forestall attempts by states to get around the $10,000 limit in the Tax Cuts and Jobs Act on deductions of state and local taxes by setting up state-run charitable contribution funds.     Home  |  Register       IRS Watch   Aug 29, 2018       Top Stories   IRS short-circuits SALT deduction charitable workarounds to new tax law, but leaves others open for now by MICHAEL COHN   The Internal Revenue Service and the Treasury Department are following up on their threat to forestall attempts by states to get around the $10,000 limit in the Tax Cuts and Jobs Act on deductions of state and local taxes by setting up state-run charitable contribution funds. READ MORE »       IRS to propose rules about new $500 non-child dependent tax credit by MICHAEL COHN   The Internal Revenue Service and the Treasury Department published a notice Tuesday saying they intend to issue proposed regulations clarifying who is a qualifying relative for the new $500 credit for dependents and head of household filing status for years in which the exemption amount is zero for tax years 2018 through 2025. READ MORE »     SPONSOR CONTENT 3 Best Practices to Maximize Audit Realization   In this webinar, learn how to effectively maximize audit realizations while dealing with outside influences like changing technologies, demands for improved Peer Review and more. September 11, 2018 at 2:00PM EDT CLICK HERE TO REGISTER »     IRS guidance on executive comp still leaves questions unanswered by MICHAEL COHN   The Internal Revenue Service