Q: I was appointed receiver over a manufacturing facility. I operated it for a short time and then obtained court authority to sell it. I netted $1.4 million from the sale.
According to a recent IRS announcement, the IRS has more than one million ERC claims remaining unprocessed and pending further review. Employers are not without options.
Robert Goulder considers whether a taxpayer-friendly outcome in Farhy would spark a general reformation of the IRS international information reporting penalties.
Many taxpayers who owe money to the IRS, either as an individual or as a business, feel trapped in a stressful situation without resolution. With the IRS planning to step.