IRS Updated Voluntary Disclosure Practice
On November 20, 2018, the IRS issued a Memorandum addressing the process for all voluntary disclosures (both domestic and foreign) following the... Read More
Is Your Client the Subject of an FBAR Examination?
Has a client received a letter from the IRS asking to schedule an appointment to examine the client’s compliance with the requirement... Read More
Recent Developments – IRS Enforcement Priorities
Steven L. Walker recently attended the 34th Annual National Institute on Criminal Tax Fraud and the Seventh Annual National Institute on Tax... Read More
Recent Developments – Top IRS Enforcement Priorities
Where are We Going in 2019? I recently returned from the 34th Annual National Institute on Criminal Tax Fraud and the Seventh... Read More
Income Taxation of Trusts in California
Recently, in a closely watched case, the California Superior Court in San Francisco rejected the Franchise Tax Board’s long-standing approach to the... Read More
IRS Closer to Obtaining Virtual Currency Records
On Nov. 30, 2017, after a lengthy summons enforcement proceeding, a federal district court issued an order granting in part and denying... Read More
2017 Tax Reform – Last Minute Year-End Moves in Light of Tax Cuts and Jobs Act
Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your... Read More
IRS New Compliance Campaigns and International Audits of Individuals
On November 3, 2017, the IRS announced the roll out of 11 Large Business and International (LB&I) Compliance Campaigns.LB&I previously announced the... Read More
New Appeal Procedures – California Franchise Tax Board
Starting January 1, 2018, appeals of Franchise Tax Board (FTB) decisions will be heard by the Office of Tax Appeals. Created by... Read More