Posts Tagged ‘tax law’

Posted on June 13, 2014 in Tax Attorney Kansas City

IRS Adopts Taxpayer Bill of Rights (From Accounting Today) The Internal Revenue Service has adopted a “Taxpayer Bill of Rights” that it said would become a cornerstone document to provide the nation’s taxpayers with a better understanding of their rights. The Taxpayer Bill of Rights takes multiple existing rights that have already been included in […]

Posted on June 4, 2014 in Tax Attorney Kansas City

IRS to Step up Penalties for Delinquent Payroll Taxes (Accounting Today) Employers owed the Internal Revenue Service approximately $14.1 billion in delinquent Social Security, Medicare and individual federal income taxes that they had withheld from employee paychecks as of June 30, 2012, and the Internal Revenue Service is being urged to do more to assess […]

Posted on April 25, 2014 in Tax Attorney Kansas City

Tax Preparer Fraud Cases (From Accounting Today) New York: Preparer Celamour Berus, of the Springfield Gardens section of the Borough of Queens, has been arrested for multiple tax crimes following his indictment on April 3. According to the indictment, Berus, owner and operator of the tax prep business Celamour Enterprises, prepared false individual income tax […]

Posted on October 25, 2013 in Tax Attorney Kansas City

IRS Streamlines Innocent Spouse Relief (From Accounting Today) The Internal Revenue Service has issued new guidance and streamlined procedures for spouses who are seeking equitable relief from joint income tax liability. Revenue Procedure 2013-34 supersedes the earlier Revenue Procedure 2003-61. It provides the threshold requirements for any request for equitable relief and sets forth conditions […]

Posted on October 3, 2013 in Tax Attorney Kansas City

The Internal Revenue Service needs to strengthen its correspondence audit selection process by auditing more of the prior- and subsequent-year tax returns of noncompliant income tax filers, according to a new government report. The report, by the Treasury Inspector General for Tax Administration, noted that the IRS relies heavily on the correspondence audit process to […]

Posted on October 3, 2013 in Tax Attorney Kansas City

From Accounting Today: IRS Suspends Tax Refunds and Tax Court Closes during Government Shutdown  The Internal Revenue Service has temporarily stopped sending out tax refunds, and the Tax Court has suspended operations during the federal government shutdown, as lawmakers in Congress continue their battle over delaying or defunding “Obamacare” for a year. The IRS announced […]

Posted on September 17, 2013 in Tax Attorney Kansas City

As reported in Accounting Today: IRS Employees Disciplined for Bypassing Taxpayers’ Representatives Between October 2011 and September 2012, the Internal Revenue Service investigated 13 complaints of IRS personnel who directly contacted taxpayers instead of going through their designated representatives, but IRS managers disciplined or counseled only two of the employees because of their actions. The […]

Posted on June 10, 2013 in Tax Attorney Kansas City

The IRS can abate penalties for “reasonable cause.” That does not mean the IRS will abate penalties because a taxpayer did not have the money to pay the tax. The IRS takes the position that it should be paid first after the necessities (as the IRS views them) of life. However, events or conditions like […]

Posted on May 21, 2013 in Tax Resolution Services Kansas City

When you owe money to the IRS, are you on the hook forever? Fortunately, the answer is usually “no.” As a general rule, there is a ten-year statute of limitations on IRS collections. This means that the IRS can attempt to collect unpaid taxes for up to ten years from the date they were assessed. […]

Posted on May 2, 2013 in Tax Resolution Services Kansas City

Federal Court Strikes Down IRS Attempt to Regulate Tax Return Preparers In a clear rebuke to the Internal Revenue Service, the United States District Court for the District of Columbia held that the IRS had no authority to impose regulations on hundreds of thousands non-attorney, non-CPA, and non-EA tax return preparers. The regulations required these […]