Monthly Archives: October 2007

National Standard Out of Pocket Health Care Expense

One of the changes made by the IRS with the national standards of allowable expenses is that the IRS has added a new category specifically for out of pocket health care expenses.  While I have not had an opportunity to look into the specifics of this new standard yet, it already causes some worry because…

IRS National Standards for Allowable Expenses

QUESTION:             I tried setting up an installment agreement with the IRS myself, but I was not able to negotiate an amount that I felt I could make comfortably each month.  The revenue officer kept telling me that there were national standards that she must apply and most of my living expenses were greater than…