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On Tax Day, May 17, 2021, in a unanimous opinion authored by Justice Kagan, the United States Supreme Court held that the Anti-Injunction Act ( AIA ) does not bar a pre-enforcement challenge to the legality of an IRS-imposed standalone reporting requirement, a violation of which may result in both civil tax penalties and criminal liability. The Court’s decision in
CIC Services, LLC v. Internal Revenue Service may open the door to a host of pre-enforcement challenges to IRS reporting requirements brought by taxpayers and others who are affected by such requirements.
Pantera CEO: Crypto market panic is subsiding, now s the time to buy
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Time to Buy Bitcoin Is Now, Says Pantera Capital CEO
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Taxes due June 15th for most of Louisiana
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