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IRS: New contracts awarded to private collection agencies; taxpayers may be contacted by one of three groups

IRS: New contracts awarded to private collection agencies; taxpayers may be contacted by one of three groups
irs.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irs.gov Daily Mail and Mail on Sunday newspapers.

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IRS sent thousands of premature tax collection notices during pandemic

IRS sent thousands of premature tax collection notices during pandemic
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

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Can't Pay Your Taxes Yet? Here's How to Request an Extension

Can't Pay Your Taxes Yet? Here's How to Request an Extension
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As County's Fiscal Fiascoes Mount, Feds Impose Tax Liens, Contractors Plead for Their Money and Department Heads Sound the Alarm | Lost Coast Outpost

Everyone is on edge.
In recent conversations about county finances with officials, staff members and outside agencies, everyone chooses their words carefully, speaking with diplomacy to avoid inflaming an already volatile situation.
The tense atmosphere was apparent during the most recent meeting of the Humboldt County Audit Committee, an oversight group that was formed specifically to address rampant dysfunction in the county’s fiscal management, which has devolved into a slow-motion catastrophe of overdue reports, disgruntled county contractors, internal investigations and cross-departmental power struggles.
As you’ll read below, one department head recently told county supervisors she’s never been more worried about the state of the county’s finances. Staffers tell the ....

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The Tax Court in Brief - May 2021 | Freeman Law

Chancellor v. Comm’r, T.C. Memo. 2021-50 | May 4, 2021 | Urda, J. | Dkt. No. 20389-18
Short Summary
: Ms. Chancellor claimed deductions on her 2015 federal income tax return related to business expenses, charitable contributions, and State and local tax. The IRS disallowed the deductions and issued a notice of deficiency. Ms. Chancellor filed a petition with the United States Tax Court challenging the proposed adjustments in the notice of deficiency.
Key Issue: Whether Ms. Chancellor has adequately substantiated her claimed deductions.
Primary Holdings
Key Points of Law
:
The Commissioner’s determinations in a notice of deficiency are presumed correct and the taxpayer generally bears the burden to prove them correct. Rule 142(a); ....

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