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The Land Transportation Commission was abolished in 1987, and two offices were created, namely the Land Transportation Office (LTO) and the Land Transportation Franchising and Regulatory Board (LTFRB). The LTO took over the functions of the former BLT while the LTFRB took over the functions of the BOT.
The office replaced the previous Office of the Ombudsman within the IRS. [8] The Taxpayer Advocate was initially appointed by the IRS commissioner until the Internal Revenue Service Restructuring and Reform Act of 1998 transferred appointment authority to the United States Secretary of the Treasury.
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Tax debt relief is a legitimate need, but the industry is rife with scams that prey on vulnerable taxpayers. Identifying the warning signs of a scam can help protect against financial harm.
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Pub. L. 105–34 (text), Taxpayer Relief Act of 1997; Pub.L. 105-34, Taxpayer Relief Act of 1997 (readable online) H.R. 2014, Taxpayer Relief Act of 1997; 105th Congress / House / 1st session / Vote 350 final vote results on H R 2014: Revenue Reconciliation Act of 1997, by various groups and by individuals, from the Washington Post
A substantial understatement applies if the tax on income you didn’t include on your return exceeds the greater of $5,000 or 10% of the correct tax required to be shown on your return. The ...