There is no denying it. My Best Friend Forever, my BFF, is IRS Form 8275 – which I affectionately call Disclosure Statement. The reason being, Form 8275 keeps me and my clients (mostly) out of trouble. And it...
Category: Blog
IRS Releases 2020 Dirty Dozen List: What Made the Cut?
July 16, 2020
Sometimes it better not to be noticed. And that is certainly true when it comes to the IRS’ Dirty Dozen list – the IRS’ proverbial “naughty” list of abusive transactions, fraudulent schemes, and criminal scams. In...
The IRS Publishes a Roadmap for Bipartisan Budget Act (BBA) Partnership Audits
July 9, 2020
By Joel N. Crouch, Blog
On July 6th, the IRS published a BBA Roadmap for Taxpayers to assist partnerships subject to the centralized partnership audit regime. The centralized partnership audit regime was created in the Bipartisan Budget...
IRS Releases Practice Unit on Reasonable Cause and Good Faith Defenses to Penalties
July 7, 2020
By Joel N. Crouch, Blog
On July 2, 2020, the IRS released a practice unit addressing a taxpayer’s reasonable cause and good faith defenses to civil penalties. IRS practice units are developed through internal collaboration and serve as both job...
Working With the New IRS Independent Office of Appeals
July 6, 2020
By Joel N. Crouch, Blog
On July 1, 2019, the Taxpayer First Act was signed into law and among other things, it established the “Internal Revenue Service Independent Office of Appeals”. The IRS Office of Appeals has been around for almost 100...