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13.1.2.2
(01-27-2009)
Highlights of RRA98
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RRA98 provides tax relief, such as:
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Reduction of the long term capital gains holding period;
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Education incentives;
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Principal residence gain exclusions;
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EIC expansion;
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New IRAs; and
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Estate & Gift provisions.
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Other RRA98 provisions provide expanded rights or privileges in areas such as:
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Interest calculations for taxes and refunds;
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Liens, levies, seizures;
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Audit criteria;
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Tip reporting;
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Offers in compromise & installment agreements;
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New "Due Process"
requirements;
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More inclusive innocent spouse provisions; and
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Third party summonses.
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RRA98 provisions that affect all or many IRS employees are:
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An Oversight Board will oversee certain IRS plans and practices;
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New disciplinary provisions for employee misconduct. (See IRM 13.1.15 , Customer Complaints/RRA98 § 1203 Procedures);
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IRS to be reorganized into business operating units;
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New rules for making third party contacts;
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New rules for employees identifying themselves to taxpayers; and
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Statutory Notices of Deficiency (90-day letters) are required to inform taxpayers of their rights to contact a local TAS office
as well as the location and phone number of the appropriate office.
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RRA98 provisions that affect National Taxpayer Advocate Service employees:
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Direct reporting of Taxpayer Advocate Service (TAS) employees to the National Taxpayer Advocate (NTA);
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New hardship criteria for TAS cases ; and
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Statement on organizational independence and disclosure provisions.
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