IRS Keeps Short Leash on Energy Credit Transferability
The government rejected suggestions from the clean energy industry to relax restrictions and...
Taxpayer Says He’s Seen the Light, Drops Ongoing Tax Challenge
A taxpayer sought to dismiss his own case in the Tax Court after reconsidering his beliefs and the...
Beware of Improper Fuel Tax Credit Claims, IRS Warns
Dirty Dozen: IRS warns about false Fuel Tax Credit claims; taxpayers should be wary of scammers,...
IRS Gears Up for Corporate Jet Dogfight
A new audit campaign by the IRS will investigate the potential misuse of corporate jets by large...
IRS Set to Resume First Tranche of Collection Notices
The IRS is gearing up to restart its automated collection process, but it’s trying a gentler...
IRS Provides Guidance on E-Filing Exemptions, Waivers
The IRS has issued guidance (Notice 2024-18) on the availability of administrative exemptions from...
A Look Ahead: The Limited Partner Exception Post-Soroban: It Ain’t Over
The new year will likely bring more litigation and new IRS audits of limited partners following the...
Corporate AMT Draft Form, Instructions Debut at IRS
The IRS has published a draft Form 4626 and draft instructions for tax year 2023, giving taxpayers...
Taxpayer Gets a Turkey Day Extension for Tax Court Petition
The Tax Court held that a taxpayer’s petition was timely because the court was closed for the...
IRS Discussing Response to Data Sharing by Tax Prep Companies
The IRS is concerned about tax preparation software companies transmitting sensitive taxpayer data...