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D.C. Cir. Finds IRS Summons Prevents Qualified Amended Return Defense

In Lamprecht v. Commissioner, the D.C. Circuit held that the taxpayers amended returns were not qualified amended returns because a John Doe summons had been served. ....

United States , John Doe , Tax Court , Circuit Court , Lamprechtv Commissioner , Qualified Amended Return , John Doe Summons ,

QAR 'will fail to make financial advice affordable for most'

The licensing regime looks certain to remain out of sync with people’s guidance needs, says fintech chief. The Quality of Advice Review will fail to lower prices for financial guidance  and leave ....

QAR reforms may not solve unique SMSF needs

Despite the positive movement in regard to advice from the Quality of Advice Review, there will still be some friction in regard to how to deal with members and trustees of self-managed funds said a ....

Law Reform Commission , Corporations Act ,

QAR needs to consider specialisation of SMSF advice

As the debate continues to rage around the Quality of Advice Review, an SMSF industry expert has suggested the Government needs to consider the speciality aspect involved in sector. In the latest SMS ....

Shaun Backhaus , Associate Shaun Backhaus ,