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IRS Enters Next Stage of Employee Retention Credit Work; Review Indicates Vast Majority Show Risk of...
Sierra Sun Times· 11 hours ago“The completion of this review provided the IRS with new insight into risky Employee Retention...
How the IRS went soft on the ultrawealthy and corporations
WBUR Boston· 4 hours agoA former IRS agent says the agency gives a pass to corporate tax cheats and the super-rich when investigating possible tax crimes. DEBORAH ...
Tax Court Backs IRS Appeals in Dispute Over Collection Hearing
Bloomberg Law· 4 hours agoArianna Mathew rejected a settlement officer’s proposed $13,500-per-month installment agreement to satisfy her 2017-2018 tax liability, saying that she had prepared an amended ...
IRS taxpayer assistance centers still have some work to do on the customer service front
Federal News Network· 4 hours agoThe IRS has made progress in customer service, especially for people calling its Taxpayer Assistance...
Ken Griffin’s Data Leak Suit Against IRS Ends In Settlement
Bloomberg via Yahoo Finance· 2 hours agoMost Read from BloombergJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can...
NIL Collectives: Don’t Be Blindsided by an IRS Challenge | JD Supra
JD Supra· 17 hours agoIf the IRS challenges the tax-exempt status of a name, image, and likeness (NIL) collective, the collective must understand how best to respond. Since the ...
Wife Liable for Tax on Husband’s IRA Pull, but Not IRS Penalty
Bloomberg Law· 2 hours agoA New Jersey woman can’t claim innocent spouse relief over a $15,000 federal tax bill , the US Tax Court ruled, but the IRS didn’t meet ...
IRS Met Penalty Approval Criteria in $25 Million Easement Suit
Bloomberg Law· 3 hours agoThe IRS complied with supervisory approval requirements in imposing a penalty on a partnership for its $25 million charitable contribution deduction claim, the US Tax Court said.
IRS Notice: Chemical Superfund Excise Tax List Modified to Include Polyoxymethylene (IRC §4672)
Bloomberg Law· 7 hours agoList of taxable substances subject to excise tax is modified to include polyoxymethylene, the IRS announced. Effective for tax purposes ...
Tax Return Preparer’s Mistakes Or Fraud: Innocent Taxpayer Takes Hit
Forbes· 18 hours agoService has to audit a taxpayer and assess more tax. The SOL simply does not start if a tax return...