IRS provides guidance under the CARES Act to taxpayers with net operating losses
WASHINGTON — The Internal Revenue Service today issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. Recently... Read More
IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program
From the IRS Newsroom IR-2020-59, March 25, 2020 WASHINGTON — To help people facing the challenges of COVID-19 issues, the Internal Revenue... Read More
What are the IRS Centralized Partnership Audit Procedures?
Taxpayers have been asking the new their tax attorneys about the new BBA partnership audit procedures. In a nutshell, the salient points... Read More
Supreme Court upholds decision to abide by IRS on mailbox rule for tax refund claims
The Supreme Court let stand an appeals ruling that precluded a tax refund to movie producers Howard and Karen Baldwin, deferring to... Read More
How Can I get an IRS Levy Released?
Taxpayers frequently ask their tax attorney what to do if they have received a notice that the IRS may levy their property.... Read More
The Tax Court has adopted amendments to its Rules of Practice and Procedure.
Chief Judge Maurice B. Foley announced today that the United States Tax Court has adopted final amendments to its Rules of Practice... Read More
Tax Court Upholds IRS Settlement Officer’s Rejection of offer in compromise
If you have considered submitting an offer in compromise, consult with a tax attorney to make sure that your offer in compromise... Read More
Do you have an IRS or State Tax Liability? What are your options?
Taxpayers often has their tax attorney what their options are if they are unable to pay their tax liability in full. Moreover,... Read More
Facebook Prepares for $9 billion U.S. Tax Court fight
Taxpayers often ask a tax attorney what they need to do if they receive a statutory notice of deficiency from the... Read More
What did the Taxpayer First Act change?
The Taxpayer First Act made several important changes that are relevant to taxpayer disputes with the Internal Revenue Service. Many taxpayers ask... Read More