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Third Circuit: In longtime rail project suit, FERA retroactively applies to any case pending when law was passed

Third Circuit: In longtime rail project suit, FERA retroactively applies to any case pending when law was passed
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IRS to Begin Issuing Final Notices of Intent to Levy June 15

Beginning June 15, IRS will begin issuing Final Notices of Intent to Levy. Enforcement action, including levies on wages and bank accounts, will begin 45 days after issuance for taxpayers with unresolved accounts. Resolving tax debt early can help alleviate burdens.

IRS Enforcement Revival: Could The Long Decline In Criminal And Fraud Enforcement Activity Be Coming To An End? | Vinson & Elkins LLP

To embed, copy and paste the code into your website or blog: In his April 28, 2021 address, President Biden asked Congress to provide $80 billion of extra funding for the Internal Revenue Service (“IRS”) over the next decade. 1 While the timing and amount of any additional funding are uncertain, there appears to be general agreement that increased funding of IRS enforcement efforts is critical to reverse the steady decline of audits, criminal investigations and prosecutions over the last decade. 2 The IRS is not waiting for additional funds to ramp up its fraud and criminal enforcement activities, however, having recently established new units focused on these efforts.

IRS Commissioner and President Biden Draw Battle Lines | Gray Reed

The battle outside ragin’ And rattle your walls -Bob Dylan A change in presidential administrations brings with it the uncertainty of what the political, legal and tax landscape will look like in the future. Statements from the Commissioner of the Internal Revenue Service and the President of the United States are starting to provide clarity of what things will look like going forward.  Here’s what we know and what you, as a taxpayer, should be thinking about as you adjust your financial planning. Government Spending is at Record Levels The national debt is now more than $28 trillion dollars. The global pandemic and three rounds of stimulus money have costs. Those costs are only getting bigger as President Biden signaled an aggressive

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