The IRS Isn’t the Only One Out There. Watch Out for California Criminal Tax Investigations, Too
The IRS Isn’t the Only One Out There. Watch Out for California Criminal Tax Investigations, Too By Philip Wolf and Steven L.... 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
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
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
Staying IRS Enforced Collection Action Through Bankruptcy
An advantage of filing bankruptcy is that it can stop certain collection actions by the IRS. For example, suppose that a taxpayer... Read More
Reduction of Tax Attributes under I.R.C. § 108(b)
A taxpayer does not always get to eat cake and keep it too. When discharge of indebtedness (other than real property business... Read More
