This case is before the Court on petitioner's motion for summary judgment, filed pursuant to Rule 121, to which respondent objects. The Court previously held in BLAK Invs. v. Commissioner, 133 T.C. 431 (2009) (prior Opinion), that the period of limitations for assessment of tax resulting from the adjustment of partnership items with respect to…
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US Taxpayers Living in Mexico – This is Your Last Chance To Report your Offshore Account!
We previoustly posted More Swiss Bank Files Being Transferred to the IRS! - where we discussed that Credit Suisse AG has handed over more internal documents to U.S. authorities. "The documents concerned comprise e-mail correspondence, including attachments, with clients domiciled in the U.S., as well as internal e-mail correspondence, including attachments, about clients domiciled…
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Communiction between IRS Appeals and Area Counsel not prohibited ex-parte communications.
NORMAN HINERFELD, Petitioner v. COMMISSIONER OF INTERNALREVENUE, Respondent, Docket No. 20946-08L. 139 TC No. 10, Filed September 27, 2012. The Tax Court has held that communications between IRS's Appeals Division and Area Counsel regarding an amended offer in compromise (OIC) did not fall in the category of prohibited ex parte communications. The case concerned an…
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Former IRS Examiner Charged With Leaking Whistleblower's Name To Big Bank Target
Leaking names is a serious offense. And the one who is guilt must be punished in order to avoid such incidents in future. A former Internal Revenue Service examiner was arrested today at his home in Edgewater, N.J. on charges that he illegally leaked the name of a confidential tax whistleblower to an executive of…
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