Resources

While famed ghostbusters Venkman, Stantz, and Spengler may not be a threat to what the IRS is calling “ghost employers,” the IRS Office of Fraud Enforcement just might be. According to the IRS, “ghost employers” are...

  As inflation recently hit a three-decade high, the IRS announced adjustments to various tax deductions, credits, and exemptions. One such adjustment is the increase in the annual gift tax exclusion from $15,000 in...

On November 3, 2021, the Fifth Circuit issued its opinion in Nelson v. Commissioner and unanimously affirmed the opinion of the Tax Court in favor of the IRS. On December 31, 2008, Taxpayers attempted to make a...

According to the IRS Criminal Investigation annual report, there were 2,596 criminal investigations initiated in 2020, of which 298 were employment tax cases. In January 2021, the Department of Justice Tax Division noted...

Early this year the U.S. Tax Court released a decision in Kelly v. Commissioner, which, among other things, discusses how a delinquent international return impacts the IRS statute of limitations for assessment. It is a...