Taxpayer Assistance Act ’97?

The Taxpayer Relief Act of 1997, signed by US President Bill Clinton, aimed to balance the budget and make changes to economic policy. It included a reduction in capital gains taxes, education and child tax credits, and the establishment of the Roth IRA. It is considered one of Clinton’s greatest contributions to the US. In […]

Taxpayer Bill of Rights: What is it?

The Taxpayer Bill of Rights (TABOR) is a US law that provides taxpayers with legal protections when dealing with the IRS, including assistance from a taxpayer advocate, the right to temporarily stop an audit, and notice of any attempt to modify an installment agreement. TABOR also establishes the position of a taxpayer advocate who can […]

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