tax enforcement

IRS Eases Up on Offer in Compromise Requirements

Posted on: June 6th, 2012
The IRS has recently announced changes to its "Fresh Start" initiative that are aimed at helping struggling taxpayers. ...

How to Report Tax Scams

Posted on: April 26th, 2012
Promoters of tax avoidance scams are not only acting illegally, but they can put unknowing participants at risk of penalties and even jail time. ...

IRS Extends Deadline for Offshore Voluntary Disclosure

Posted on: August 29th, 2011
Due to Hurricane Fran, the IRS has extended the deadline for the Offshore Voluntary Disclosure Initiative for foreign accounts to September 9, 2011. ...

IRS Eliminates Innocent Spouse Two Year Limitation

Posted on: August 5th, 2011
From IR-2011-80, issued on July 25, 2011: The IRS launched a thorough review of the equitable relief provisions of the innocent spouse program earlier this year. Policy and program changes with respect to that review will become fully operational in the fall and additional guidance will be forthcoming. However, with respect to expanding the availability of equitable relief:...

Today is the Deadline for Foreign Account Reporting

Posted on: June 30th, 2011
From IR-2011-70: WASHINGTON — The Internal Revenue Service today reminds everyone who has a bank or other financial account in a foreign country, or who has signature authority over such an account, that they may be required to report the account to the U.S. Department of the Treasury by June 30 each year....

4th Circuit Upholds Two-Year Innocent Spouse Limitation Period

Posted on: June 24th, 2011
The U.S. Fourth Circuit Court of Appeals, under whose jurisdiction North Carolina falls, overruled a Tax Court decision and upheld a Treasury regulation that provides for a two-year statute of limitation on claims for innocent spouse relief...
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