IRS raises prices on private letter rulings — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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IRS raises prices on private letter rulings

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in Small Business Tax

If you want a private letter ruling from the IRS, the price tag has gone up. (Revenue Procedure 2015-1, 1/2/15) Effective Feb. 1, 2015, the cost for a taxpayer with income under $250,000 is $2,200 (up from $2,000); for a taxpayer with income between $250,000 and $1 million it’s $6,500 (up from $5,000); and a whopping $28,300 (up from $19,000) for those with income above $1 million.

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