The National Taxpayer Advocate is an independent organization within the IRS to help taxpayers resolve problems with the IRS as well as to recommend changes that will prevent problems. Nina Olsen, the current advocate, urged Congress to adopt a comprehensive Taxpayer Bill of Rights to create trust in our tax collectors. Suggested rights would include: (1) the right to be informed, (2) the right to quality service, (3) the right to pay no more than the correct amount of tax, (4) the right to challenge the IRS’s position and be heard, (5) the right to appeal an IRS decision in an independent forum, (6) the right to finality, (7) the right to privacy, (8) the right to confidentiality, (9) the right to retain representation, and (10) the right to a fair and just tax system, including access to the Taxpayer Advocate Service.
She also pointed out the need for more funding for the IRS to hire and train more employees. The reason: They have growing responsibilities in light of the Affordable Care Act.
Source: IR-2014-3
Intangible assets that come within Section 197, such as goodwill, are amortizable over a 15-year period.