On July 17, 2018 we posted The J5 International Tax Hunt is On!, where we discussed that the tax authorities of the UK, US, Australia, Canada and Netherlands have set up a joint committee to improve international enforcement against tax crime and money laundering. The first meeting of the so-called J5 Group (Joint Chiefs of Global Tax Enforcement) was…
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The REAL Truth About Offirs in Compromise
My colleague Steve Klitzner posted in his newsletter The Truth About Offers In Compromise where he discusses the realities regarding Offers In Compromise. He goes on to state "In the real world, people and businesses settle for less all the time. So when they come to Steve with a tax problem, they want to know…
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IRS To Cancel a 250,000 US Passports
On July 17, 2018 we posted Don't Be 1 of the 362,000 Americans Waiting To Have Their Passports Revoked Because They Owe Back Taxes! where we discussed that the IRS issued Notice 2018-1 on January 16, 2018, which provides guidance for implementation of the new IRC 7345 and also discussed that the IRS webpage on Revocation or Denial…
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DC Hold That Boyle Applies to E-Filing!
On May 16, 2019 we posted E Filing Errors as Reasonable Cause? Not For Now! where we discussed a recent US Court of Appeals for the Fifth Circuit decision, Haynes v. United States, No. 17-50816 (5th Cir. Jan. 29, 2019), indicates that many of those taxpayers will face uncertainty if their returns are late due to preparer…
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