According to Beyond 4/15, the IRS announced that it would now process all tax authorizations within 5 business days (IRM Procedural Update #WI-21-1113-1609 dated Nov. 7, 2013), compared with its estimate of 10 days after the retirement of the IRS e-Services Disclosure Authorization tool on Sept. 3. This announcement affects the timeframe for practitioners to…
Read more
Another Fraudulent Tax Firm, “Instant Tax Service,” Ordered t to Shut Down.
The U.S. District Court for the Southern District of Ohio issued has entered a permanent injunction ordering ITS Financial LLC, the parent company of the Instant Tax Service franchise, to cease operating, the Justice Department announced today. The injunction order, which was signed yesterday by Judge Timothy S. Black of the U.S. District Court for…
Read more
Seems Like The IRS Is Having Trouble Delivering Transcipts?
We reprinted Tax Attorney James R Malone, Jr's string of postings from Tax Controversy Professionals LinkedIn Group, which indicates that the IRS doesn't seem to be taking live transcript requests? Ellen Brody- Partner at Roberts & Holland LLP My partner had that same problem yesterday - leave me a message with all the detail and we will mail…
Read more
Fast Track Settlement Program Now Available Nationwide To Helps Small Businesses Under Audit
The Internal Revenue Service today announced the nationwiderollout of a streamlined program designed to enable small businesses under audit to more quickly settle their differences with the IRS. The Fast Track Settlement (FTS) program is designed to help small businesses and self-employed individuals who are under examination by the Small Business/Self Employed (SB/SE) Division of…
Read more
