tax Advice Archive

TweetShareSharePin0 SharesFormerly, we reviewed both groups of Internal Revenue Service “presents” that taxpayers can decline: clerical presents and also totally computational presents. We left, nonetheless, with the cliffhanger that computational presents might end up being “theoretical” presents, which lawyers frequently can approve. Today, we’ll look better at what a theoretical present is and also whether

TweetShareSharePin0 Shares Information Treatment & & Management By Sally P. Schreiber, J.D. In a memorandum dated April 15, 2021, the Internal Revenue Service introduced it was prolonging the permission to digitally authorize a a great deal of Internal Revenue Service kinds till Dec. 31, 2021, and also including a variety of brand-new kinds. The initial

TweetShareSharePin0 Shares Willis v Boyd, an opinion from the 8th Circuit Court of Appeals, is not a typical tax collection case. The opinion involves an IRS agent who seized 364,000 one dollar coins that were issued to commemorate US presidents. After seizing the coins, which were in special boxes in original packaging consisting of 1,000 coins,

TweetShareSharePin0 Shares We welcome two students from the Georgia State University College of Law Philip C. Cook Low-Income Taxpayer Clinic as guest bloggers, Lauren Zenk and Lauren Heron, for a discussion of the latest developments in stimulus payment legislation as it relates to U.S. citizens who file jointly with non-citizens spouses. The Georgia State Clinic

TweetShareSharePin0 Shares When IRS issues a summons to third parties it generally has to notify the taxpayer whose records are identified. That right to notice is key, as it triggers a correlative right to bring an action in district court to challenge the summons and allows for limited judicial review of IRS’s vast information gathering

TweetShareSharePin0 Shares Sometimes, in the midst of all that is going on in one’s own professional life, it helps to take a step back and think about first principles of tax administration.  It is also fascinating to learn about tax administration in countries not your own – so that you look at your own tax

TweetShareSharePin0 Shares The Supreme Court has said that Congress could not have written a broader lien than the federal tax lien.  In addition to the lien, Congress gave the IRS broad powers to take property through levy in IRC 6331.  We can think of these administrative powers as the superpowers bestowed upon the IRS in