Category Archives: AUDITS

UPDATE ON IMPACT OF GOVERNMENT SHUT-DOWN ON IRS AND TAX COURT OPERATIONS

Posted on October 4, 2013 by taxpenaltylawyer

As reported by the Journal of Accountancy as of October 1, 2013: IRS OPERATIONS ONGOING Processing tax returns submitted with payments. Processing all e-filed returns. Filing deadlines remain as required by law.  Thus, individual returns must be filed by 10/15/13 … Continue reading →

Posted in AUDITS, COMPLIANCE, EMPLOYMENT TAXES, RETURNS, TAX | Tagged , , , , | Leave a comment

IMPACT OF GOVERNMENT SHUT-DOWN ON IRS

Posted on October 2, 2013 by taxpenaltylawyer

The IRS has announced what is operational and not during the government shut-down.  Below is the text of the IRS announcement.  IRS Operations During The Lapse In Appropriations Due to the current lapse in appropriations, IRS operations are limited. However, the underlying … Continue reading →

Posted in AUDITS, COMPLIANCE, FBARS, IRS COLLECTIONS, RETURNS, TAX | Tagged , , , , | Leave a comment

OFFSHORE VOLUNTARY DISCLOSURE UPDATE – JANUARY 2013

Posted on February 1, 2013 by taxpenaltylawyer

LEVEL OF PARTICIPATION IN PROGRAMS On June 26, 2012 the IRS had released IR-2012-64, which stated:  Shulman (IRS Commissioner Doug Shulman) said the IRS offshore voluntary disclosure programs have so far resulted in the collection of more than $5 billion … Continue reading →

Posted in 2012 OVDP, AUDITS, FBARS, NEW OVDP, TAX, TAX CRIMES, VOLUNTARY DISCLOSURE | Tagged , , , , , , , , | Leave a comment

IRS VERSION OF “COMMON SENSE

Posted on January 16, 2013 by taxpenaltylawyer
Posted in AUDITS, COMPLIANCE, TAX, Uncategorized | Tagged , | Leave a comment

THE IRS MAY BE WEB SNOOPING ON YOU

Posted on July 9, 2012 by taxpenaltylawyer

Electronic Frontier Foundation (EFF) (www.eff.org) is a donor-funded nonprofit organization that works to defend free speech, privacy, innovation, and consumer digital rights.  Recently, EFF obtained a 2009 IRS training course manual that offers insight into how IRS views various internet … Continue reading →

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CAVEAT FOR LAWYERS: IRS HAS YOU IN ITS SIGHTS

Posted on December 13, 2011 by taxpenaltylawyer

The IRS over the years has gained considerable experience and expertise in how to screen for audit and conduct audits of attorneys. In March, 2011, IRS issued a revised Attorneys Audit Technique Guide (Guide) for use by its field agents … Continue reading →

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ARE MORE MULTI-YEAR OFFICE AUDITS IN THE WIND?

Posted on November 11, 2011 by taxpenaltylawyer

Office Audit and Correspondence Notice CP2000 frequently cover only one-year and are not routinely expanded to include earlier or later years. A Report of the Treasury Inspector General for Tax Administration (TIGTA) issued September 9, 2011, recommended that IRS implement additional steps to ensure that … Continue reading →

Posted in AUDITS, TAX | 2 Comments

GUESS? WHAT, NO RIGHT TO AUDIT?

Posted on July 8, 2011 by taxpenaltylawyer

Georges Marciano founder of the clothing brand Guess? should have guessed that he was barking up the wrong tree by suing IRS in U.S. District Court seeking declaratory and injunctive relief and a writ of mandamus, “to compel the IRS to provide him … Continue reading →

Posted in AMENDED RETURNS, AUDITS, TAX, Uncategorized | 1 Comment