According to a Bloomberg news update, the head of the IRS’s Criminal Investigation division, Jim Lee, announced yesterday that the IRS is building “hundreds” of criminal digital asset cases. The IRS is about to...
Still waiting on the IRS to respond to your FOIA request? Well, according to a recent Government update, you may be waiting a while longer. As background, the Freedom of Information Act, 5 U.S.C. 552, provides any person the...
When it comes to settlement programs, the IRS is reminiscent of the South Park character Cartman, who demands that everyone “Respect my Authoritah!” Historically taxpayers participating in IRS settlement programs were at...
A recently filed Tax Court case has revealed just how much disdain the IRS has for microcaptives. And it is a lot. The case is SCC Holding Company of Pinellas, Inc. v. Commissioner, Docket No. 16285-22, filed in...
Our wealth transfer tax system provides taxpayers with exclusions from certain taxes. These exemptions are adjusted annually; the amount of the adjustment is tied to the Consumer Price Index. Last month, I wrote a blog...
Signup to receive the latest blog posts in your inbox!
You have successfully joined our blog list. You'll receive an email from us when we post a new blog!
nationally-recognized
tax powerhouse. Our Capabilities