Firm Partner, Josh Ungerman was quoted in a Tax Notes article published on August 30, 2023 written by Kristen A. Parillo, titled “Tax Court Sanctions IRS for Backdated Penalty Approval.” On August 29, the Tax...
Author: Meadows Collier
Joel Crouch authors an article published in the September 2023 issue of the Dallas Bar Association Headnotes
August 30, 2023
Joel Crouch has written an article that published in the September 2023 issue, Volume 48, Number 9 of the Dallas Bar Association’s Headnotes on page 30 titled, “Tax Issues in the Resolution of An...
The Internal Revenue Service (“IRS”) Commissioner Danny Werfel stated that the Agency is taking “swift and aggressive action” to strengthen enforcement efforts against high-income individuals. As part of these...
Within one year of its funding boost through the Inflation Reduction Act, the IRS has increased its workforce by nearly 11,000 workers, a 14% increase over 2022 staffing levels. Too fast too soon or just in time? In my humble...
Another New IRS Audit Target: Employee Stock Ownership Plans (ESOPs)
August 14, 2023
By Joel N. Crouch, Blog
In an August 9th announcement, the IRS said it has identified compliance issues for Employee Stock Ownership Plans (ESOPs). This is on the heels of recent IRS announcements regarding Malta Pension Plans, Puerto Rico...