A possibility discussed in our May 6, 2016 Meadows Collier Talks Tax Blog post, “Master Limited Partnerships and Cancellation of Indebtedness Income,” has come to pass. Atlas Resources is the last in a series of Master...
Do You Have an “All Cash” Real Estate Deal in San Antonio or Bexar County, Texas? Additional Government Disclosures May Be Required
August 1, 2016
The Financial Crimes Enforcement Network (FinCEN) issued a new Geographic Targeting Order (GTO) that requires U.S. title insurance companies to identify the natural persons behind companies used to pay “all cash” for...
The Statute of Limitations for Assessment: The Taxpayer’s Ultimate Defense to the IRS’ Assessment of Additional Tax
August 1, 2016
By Joel N. Crouch, Blog
One of the questions taxpayers regularly ask is: How long does the IRS have to propose and assess additional tax? Or as some taxpayers put it, “ How long before I can be sure I am safe from the IRS”? In this blog post, I...
IRS Begins Accepting Applications for Certified Professional Employer Organizations (CPEOs)
July 19, 2016
In a previous blog post (click here), I generally discussed passage of the Tax Increase Prevention Act of 2014 (“TIPA”) and its overall positive impact on employers who relied on the services of professional employment...
IRS Administrative Summons to a Third Party: The Recipient’s and Taxpayer’s Duties and Rights
July 8, 2016
By Joel N. Crouch, Blog
In a previous blog post (click here), I discussed the duties and rights of a taxpayer who receives an IRS administrative summons for records or testimony. In this blog post, I will discuss the duties and rights of a third...