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tax Advice Archive

IRS commissioner: We’re hiring

TweetShareSharePin0 Shares Projected to lose 52,000 employees in the next six years, the IRS is seeking new personnel, Commissioner Charles Rettig told CPAs Tuesday. Rettig’s keynote address to the AICPA & CIMA National Tax Conference in Washington, D.C., touched on challenges the Service still faces in basic operations after he temporarily closed down most in-person

In Person Hearing Inconveniences Appeals Witness

TweetShareSharePin0 Shares As is often the case, commenter in chief, Bob Kamman, brought to my attention an order that prior to DAWSON would probably have received the designated order label.  DAWSON did away with designated orders, as we have discussed before, but did not stop the Tax Court from issuing important and interesting orders.  The

Changing ways of working call for changing employment and tax policy

TweetShareSharePin0 Shares The way individuals work for pay has transformed radically in recent years, but employment practices and tax treatment remain largely frozen in outmoded assumptions and models. Annette Nellen, Esq., CPA, CGMA, will examine changing work models and proposals for change in “Should Everyone Be an Employee? Policy for the Modern Workforce,” on Tuesday,

Subordination of Tax Lien Denied

TweetShareSharePin0 Shares In the bankruptcy case of In re Baldwin, 128 AFTR 2d 5762 (Bankr. N.D. Ohio 2021) the trustee’s attempt to use the subordination provisions of BC 724(b) fail because the bankruptcy court determines that selling the debtor’s house would not benefit the unsecured creditors of the estate and would harm the debtor’s wife

Effect of Bankruptcy Confirmation on Tax Liability

TweetShareSharePin0 Shares In Wathen v. Commissioner, TC Memo 2021-100 the taxpayer argued that the confirmation of his chapter 13 plan precluded the IRS from subsequently pursuing a deficiency case for periods not included in the plan.  Petitioner represented himself in this case which brings its own limitations on the understanding of procedure.  This was his

IRS issues inflation adjustments for 2022 returns

TweetShareSharePin0 Shares News PROCEDURE & ADMINISTRATION By Paul Bonner The IRS issued Rev. Proc. 2021-45 Wednesday, adjusting for inflation a wide array of amounts applicable to the 2022 tax year for use with individual, business, and estate and trust returns and related tax issues. Amounts under 62 Code sections are updated. The IRS also

Passport Revocation Cases Part 2

TweetShareSharePin0 Shares Yesterday, I discussed two recent passport revocation cases, United States v. Hupp and Franklin v. United States. Today, I look at Tenth Circuit and Tax Court cases involving similar issues decided earlier this year. Rowen The Tax Court decision in Rowen v. Commissioner, 156 T.C. No. 8 (2021) addresses the constitutionality of the
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