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E-signing for forms, tax compliance documents extended

TweetShareSharePin0 Shares In a pair of internal memos (NHQ-10-1121-0005 and NHQ-01-1121-0004), the IRS has extended until Oct. 31, 2023, procedures that allow taxpayers and their representatives to sign digitally or by an image of their signatures an array of forms and returns as well as certain compliance-interaction-related forms and documents. The memos also reapprove for

Throwing the Baby Out with the Bathwater – the Proposed Repeal of IRC § 6751(b) Supervisor Approval of Penalties

TweetShareSharePin0 Shares Avid readers of Procedurally Taxing know that we have been closely following the litigation over IRC § 6751(b) and the Graev line of cases.  This litigation has also received attention from Congress in the Build Back Better Act, H.R. 5376, in which § 138404 repeals this provision and replaces it with a toothless

Could Tax Incentives Help Recruit and Retain Teachers?

TweetShareSharePin0 Shares In November, our children’s high school principal announced he’ll retire at the end of the year, after 16 years of service. I was shocked, but shouldn’t have been. After nearly two years of chronic upheaval and conflict in public education as a result of the COVID-19 pandemic, I can only imagine how attractive

Join the Annual PT Giving Tuesday Drive

TweetShareSharePin0 Shares 0 Flares Filament.io Made with Flare More Info“> 0 Flares × It’s that time of year for the annual Procedurally Taxing tradition (among other traditions such as April Fool’s, Taxatturkeys, etc.) in which we provide an update on the Center for Taxpayer Rights’ activities over

Another Shutdown Countdown | Tax Policy Center

TweetShareSharePin0 Shares Looking to keep the federal government running into January. With the government due to shut down at midnight Friday absent congressional action, House Democrats are drafting a bill to keep the doors open until January. The plan would give lawmakers some space to deal with the looming debt limit and the fate of

Aligning Kentucky’s Tax Code for Growth

TweetShareSharePin0 Shares Executive Summary Overview Tax reform has been on Kentucky lawmakers’ minds for years, and while significant progress has been made recently, substantial work remains to be done. In 2018, the General Assembly made important strides in creating a more neutral, pro-growth tax structure even while generating a net increase in revenue. With its

Overpayment, or Not?

TweetShareSharePin0 Shares We welcome back guest blogger Bob Probasco. Today Bob untangles the issue of deposits versus payments in relation to stipulated decision documents filed with the Tax Court. The character of the taxpayer’s remittance matters here, as it determines whether they are entitled to overpayment interest. For those looking to make a deposit rather

Happy Thanksgiving Taxatturkeys

TweetShareSharePin0 Shares November 25, 2021 by Stephen Olsen Leave a Comment 0 Flares Filament.io Made with Flare More Info“> 0 Flares × Related About Stephen Olsen Stephen J. Olsen’s practice includes tax planning and controversy matters for individuals, businesses and exempt entities for the law firm Gawthrop
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