Sensitive Tax Audits (Eggshell and Reverse): 5 Important Facts
When a US Taxpayer is under audit or examination by the Internal Revenue Service, it can be a stressful and overwhelming experience. Quite frankly…
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When a US Taxpayer is under audit or examination by the Internal Revenue Service, it can be a stressful and overwhelming experience. Quite frankly…
In Coffey v. Comm'r, 987 F.3d 808 (8th Cir. 2021), the U.S. Court of Appeals for the Eighth Circuit reversed and remanded the U.S. Tax Court's decision in Coffey v. Comm'r, 150 T.C. 60 (2018). The Eighth Circuit held that, for statute of limitation purposes, a federal income tax return had not been filed even if the IRS received and stamped as received certain tax return documents from the U.S. Virgin Islands' Bureau of Internal Revenue. This Holland & Knight alert explores the decision and its potential impact to a new IRS Large Business and International (LB&I) compliance campaign involvi...
IR-2021-29, February 5, 2021 WASHINGTON – The Internal Revenue Service today named Heather C. Maloy to the position of director, Taxpayer First Act Office. She will report directly to the IRS Commissioner in her new role. The IRS continues work on the Taxpayer First Act, part of legislation passed in July 2019. The IRS delivered the Taxpayer First Act Report to Congress PDF earlier this year, providing a comprehensive set of recommendations that will reshape the taxpayer experience, enhance employee training and restructure the organization to increase collaboration and innovation. "I'm t...