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tax Advice Archive

How Did We Get Here? 2-D Barcoding and the Paper Return Backlog – A Missed Opportunity

TweetShareSharePin0 Shares In her February 17, 2022 testimony before the Senate Finance Committee, the National Taxpayer Advocate reported that as of February 5, 2022, the IRS had 23.5 million returns and correspondence in its inventory requiring manual processing.  This number includes 17.6 million original and amended individual and business returns, down from the 35.5 million

Proposed regulations update RMDs for SECURE Act changes

TweetShareSharePin0 Shares The IRS and Treasury released proposed regulations Wednesday (REG-105954-20) that would update existing rules for required minimum distributions (RMDs) from qualified retirement plans and annuity contracts and related matters, largely to conform with a number of statutory changes. The most prominent and recent of these changes were made by the Setting Every Community

How Did We Get Here? A New Series …

TweetShareSharePin0 Shares These days, the news has been filled with stories about the disastrous state of the IRS this filing season and how this is attributable, in part if not in entirety, to underfunding of the IRS over the last decade.  Now, I agree the IRS needs more funding to accomplish its dual mission of

IRS offers alternative to facial recognition

TweetShareSharePin0 Shares Taxpayers signing up for and using IRS online services are now able to authenticate their identities with a new alternative to uploading a “selfie” photo, and if they do use facial recognition or have done so in the past, their photos will be deleted, the IRS announced Monday. The option follows up on

A New Twist on What Constitutes a Tax Return

TweetShareSharePin0 Shares In Sienega v. Cal. Franchise Tax Bd. (In re Sienega), No. 20-60047, 2021 U.S. App. LEXIS 35875 (9th Cir. Dec. 6, 2021), the taxpayer/debtor raised a novel argument regarding a document the debtor sought to have the court treat as a tax return.  In this case the debtor argued that the bankruptcy court

Making Offers in Compromise Public

TweetShareSharePin0 Shares I wrote a post several years ago about the public reading rooms that exist in a few cities around the country where the IRS makes public, for one year, the offers in compromise for the region covered by the city which houses the reading room.  I would be curious to learn how accessible

How a Low Income Tax Clinic Can Help You and Vice Versa

TweetShareSharePin0 Shares We are approaching the 50th anniversary of low income tax clinics (LITCs) which began in 1974 at Hofstra Law School.  Read more about the history here.  In addition, we are approaching the 25th anniversary of the jolt to the idea that propelled a ten-fold increase in the number of LITCs and brought them

AICPA testifies to Congress on IRS service problems

TweetShareSharePin0 Shares There’s still time to salvage this year’s tax filing season, or at least make a difference, if the IRS adopts recommended taxpayer relief measures, Jan F. Lewis, CPA, the chair of the AICPA’s Tax Executive Committee, told the U.S. Senate Committee on Finance in a hearing Thursday. Lewis, who is also a tax

Tax pros are subject of ‘spearphishing’ attacks

TweetShareSharePin0 Shares News PRACTICE & PROCEDURES By Paul Bonner Identity thieves are targeting tax professionals with “spearphishing” emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news release Wednesday. A recent such ploy features the IRS logo, with a subject line such as “Action Required:

District Court in Rewwer Holds Improperly-Signed Timely Forms 843 Can be Informal Refund Claims

TweetShareSharePin0 Shares The recent decision in Rewwer v. United States, 1:20cv495 (S.D. Ohio 2022) regarding a misfiled refund claim later corrected reaches the opposite conclusion from the Court of Federal Claims’ recent decision in Dixon v. United States, (Ct. Fed. Cl. 2022) (Dixon 2) (blogged here) and contradicts the decision in Fulham v. United States,
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