On May 14, 2019 we posted Available IRS Payment Plans - Part I, where we discussed that for the 2019 filing season, the IRS projects that more taxpayers than ever will file and owe and that many will be able to pay, but a lot of them will need to make other arrangements because they can’t pay…
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Another IRS Summons on Behalf of a Foreign Government
On March 13, 2018 we posted District Court upholds Another IRS Summons Issued Pursuant to a Tax Treaty Request where we discussed that a district court has upheld a summons that IRS issued to an American law firm, pursuant to a request from the French tax authorities, with respect to transfers of funds made by an alleged…
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Florida Landscaper Trims Taxes With Chainsaw & Pleads Guily to Filing False Returns
According to DoJ, a Stuart man pleaded guilty to filing a false tax return with the Internal Revenue Service (IRS). Joseph J. Ferry III, 80, pleaded guilty to one count of willfully filing a false corporate income tax return for his company, Ferry Enterprises Inc., for the tax year 2015. According to court documents, Ferry’s…
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LB&I Announces Large Corporate Compliance Program
The Internal Revenue Service announced on May 16, 2019 a key advancement in how it identifies its biggest and most complex large corporations. The IRS's Large Business and International Division (LB&I) began a new application of data analytics for determining the population of its largest and most complex corporate taxpayers. This new Large Corporate Compliance (LCC)…
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