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
How Innocent Mistakes in E-filing Can Trigger Penalties
How Innocent Mistakes in E-filing Can Trigger Penalties By Philip Wolf and Steven L. Walker Sometimes good is just not good enough. ... Read More
Walk-Law Attorney Philip Wolf Selected to Write Annual 2023 Tax Wrap-Up Column for Prestigious International Publication, Tax Notes
Walk-Law Attorney Philip Wolf Selected to Write Annual 2023 Tax Wrap-Up Column for Prestigious International Publication, Tax Notes This year, leading tax... Read More
Corporate Transparency Act – New Civil Penalties
FinCEN Civil Penalties for Failing to Comply with New Beneficial Ownership Information Reporting Requirements Rise to $591 Per Day. By Steven Walker... Read More
Women in Tax: The Group Supporting Female Tax Practitioners
Walk-Law attorney Philip Wolf recently published an article in the International, Federal, State, and Local sections of the prestigious journal Tax Notes,... Read More
The California Franchise Tax Board Extends Deadline to Participate in Resolution Program Targeting Certain Microcaptive Insurance Arrangements and Syndicated Conservation Easements
The FTB just extended the deadline to participate in its resolution program until January 31, 2024.[1] Previously, the FTB sent letters to... Read More
Form 3520 Foreign Trust Reporting for Tax Counsel: Filing Requirements and Penalty Abatements for Delinquencies
We are pleased to announce that Steven L. Walker will be speaking at the upcoming Strafford webinar, “Form 3520 Foreign Trust Reporting... Read More
Employee Retention Credit -IRS Stops Processing New Claims – Fraud
The IRS is cracking down on promoters and others who are filing questionable claims for Employee Retention Credit. For those individuals who... Read More
The Federal Tax Lien and Exemptions: Handling IRS Enforcement of Valid Tax Liens
This article provides advice for guiding clients that seek to discharge taxes in bankruptcy and practical guidance to help avoid common pitfalls... Read More
Consequences of Failing to Report Federal Changes to the California FTB or Filing State Returns
On Oct. 14, 2021, the Ninth Circuit Court of Appeals in Berkovich affirmed the decision from the Bankruptcy Appellate Panel (BAP) that because a... Read More