Notice 2014-7 Explained by Regina Levy, CPA

Gina Levy has been described as the "special needs CPA" by her clients. She has been the source of much of the IRS tax information that I have presented on both our web page and our Facebook page. For those of you who are confused about how to proceed with amending prior year tax returns in order to get a refund, I highly recommend reaching out to Ms. Levy. There is value in utilizing an expert and my client families tell me that she is amazing.

IRS Notice 2014-7 Clarified with Amending Instructions

The IRS just recently published this document to provide clarity to the earlier released document IRS notice 2014-7 (which can be viewed on this website). Instructions are given for amending prior year's taxes, as the change in this tax rule has a three year look back window. This is great news for Medicaid Waiver recipients and their families

Providers' IHSS Payments Excluded From Gross Income

Update: New Q&A's from the IRS - "Certain Medicaid Waiver Payments May Be Excludable From Income"

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