Two recent decisions confirmed the broad administrative summons authority of the Internal Revenue Service (IRS). In the first, the US Supreme Court resolved a circuit conflict regarding.
Two recent decisions confirmed the broad administrative summons authority of the Internal Revenue Service (IRS). In the first, the US Supreme Court resolved a circuit conflict regarding notice
United States v State Delaware Dept Insurance 3rd Circuit and Supreme court in Polselli v Internal Revenue Service 3rd party notice of summons under IRC section 7609 3rd party no standing, IRS reverse preemption state regulation insurers IRS can obtain info via subpoena from insurance companies
The Internal Revenue Service’s (IRS) Large Business and International (LB&I) Division updated its list of Active Campaigns, which includes more than 50 efforts to increase tax.
It is good practice to review the LB&I Campaigns list to see if you have a transaction that could be subject to additional scrutiny by the Internal Revenue Services.IRS Division updated list of Active Campaigns, which includes more than 50 efforts to increase tax compliance.