The Tax Times
The Tax Times Blogspot. The Tax Times.
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Increased expensing limits ($500,000/$2 million) for section 179 property; 15-year depreciation life for qualified leasehold improvements, qualified restaurant buildings and improvements, an...
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Treaty and transfer pricing operations Similarly, it is envisioned that all of the International Examiners will likely be housed within at least two of the international practice areas. It appears th...
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The Tax Times
Thetaxtimes.blogspot.com news digest
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2 years
TIGTA Review of IRS Compliance With Guidelines When Issuing Levies
TIGTA reviewed levies issued for 57,775 taxpayers by Field Collection (48,781) and the Automated Collection System (8,994) during the period October 1, 2020, through September 30, 2021, and found that the IRS generally complied with legal and administrative...
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2 years
TC Finds Fla Man Liable For Fraud Penalty For Not Disclosing Foreign Account
According to Law360, a Florida man's estate is liable for fraud penalties after the U.S. Tax Court found on September 14, 2022 that he failed to disclose over $1 million to the IRS, used foreign bank accounts to conceal funds and filed false tax forms...
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2 years
Supervisor Approval of Penalty Not Required At Initial Penalty Communication - O...
According to Law360, the Eleventh Circuit reversed a U.S. Tax Court decision determining the Internal Revenue Service couldn't impose penalties on a man's $25 million in transfers, saying Tuesday that a supervisor wasn't required to approve the penalties...
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2 years
Accountant's Forged Signatures On Form 872 Extended the SOL - Really?
According to Law360, a New York City couple asked the Second Circuit to scrap a U.S. Tax Court decision holding them liable for more than $800,000 in taxes and penalties, saying their signatures were forged on documents used to hold them accountable...
Domain history
| Web host: | Google LLC |
| Registrar: | MarkMonitor Inc. |
| Registrant: | Google LLC |
| Updated: | August 02, 2024 |
| Expires: | July 31, 2025 |
| Created: | July 31, 2000 |
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