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Proposed Regulations Issued Updating Rules for Dependency Exemption and Child-Related Tax Benefits (NPRM REG-137604-07)

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CCH Tax Day Report The IRS has issued proposed regulations for dependency exemptions to reflect changes made in the law by the Working Families Tax Relief Act of 2004 (P.L. 108-311) providing for a uniform definition of a dependent, as well as other legislation. The proposals also reflect changes to regulations addressing filing status, tax […]

The post Proposed Regulations Issued Updating Rules for Dependency Exemption and Child-Related Tax Benefits (NPRM REG-137604-07) appeared first on Tax & Accounting Blog.


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