IRS Launches New Limited-Time Voluntary Disclosure Program for Businesses that Incorrectly Claimed Employee Retention Credit
The IRS has announced a limited-time reopening of the Employee Retention Credit (ERC) Voluntary Disclosure Program (VDP), allowing businesses that incorrectly claimed... Read More
What Happens if I am Contacted by the California Franchise Tax Board?
When the California Franchise Tax Board (“FTB”) contacts you, it’s often the start of a complex process that may lead to an... Read More
Am I at Risk of Losing My Passport Because of IRS Tax Debts?
The federal government can revoke or deny your U.S. passport if you owe a seriously delinquent tax debt. Afterwards, having your passport... Read More
IRS Launches New Effort Aimed At High-Income Nonfilers
Are you someone who has unfiled tax returns with the Internal Revenue Service? On February 29, 2024, the IRS launched a new... Read More
When Can A Taxpayer Be Subject to a Frivolous Appeal Penalty in California?
California Revenue and Taxation Code § 19714 gives the Franchise Tax Board the authority to impose a civil penalty (not in excess... Read More
Can the IRS Do That? The Statutory (or Secret) Tax Lien
In re Rios, 649 B.R. 30 (Bkrtcy. E.D. Wis. 2023) involves the IRS “secret” or “statutory lien” under Internal Revenue Code section... Read More
Is the IRS Bound to What it Says? A Case Where the IRS Cannot “Eat Its Cake and Have it Too.”
In re Anderson, 650 B.R. 510 (Bkrtcy. W.D. Tenn. 2023), is an interesting case because the court concluded that the debtor’s taxes... Read More
California Franchise Tax Board Offers One-Time Penalty Abatement
California finally follows the IRS, allowing one-time penalty abatement for certain civil penalties.[1] The Internal Revenue Service offers penalty relief by administrative... Read More
IRS Offers Up to 30% Rewards to Successful Whistleblowers, Warns Taxpayers to Watch out for Tax Scams.
On April 11, 2024, the IRS wrapped up its annual Dirty Dozen campaign, which “lists 12 scams and schemes that put taxpayers,... Read More
Federal District Court Rules Corporate Transparency Act Unconstitutional
On March 1, 2024, the United States District Court for the Northern District of Alabama issued a Memorandum Opinion striking down the... Read More
