Category Archives: IRS

A Bad Day for the IRS in Court

Posted on March 22, 2016 by Russ

An appeals court decision today should end speculation on Democrats’ claims that the IRS scandal is a non-event. The Sixth Circuit Court of Appeals heard an appeal last week. The NorCal Tea Party Patriots had filed a class action suit … Continue reading →

Posted in IRS | Tagged | Comments Off on A Bad Day for the IRS in Court

March 15th Tax Deadlines

Posted on March 14, 2016 by Russ

There are a number of tax deadlines tomorrow, March 15th. Here’s what you need to know. Calendar Year Corporations: If you have a calendar year corporation, your Form 1120 or Form 1120S is due tomorrow. If you’re not ready to … Continue reading →

Posted in IRS | Tagged | Comments Off on March 15th Tax Deadlines

Koskinen Wins Public Service Award; Chaffetz Gets It Right

Posted on March 6, 2016 by Russ

IRS Commissioner John Koskinen was awarded the prestigious Elliot L Richardson Prize for Excellence in Public Service by the National Academy of Public Administration. According to the NAPA’s website, Those individuals selected to receive the ELR Prize shall have demonstrated: … Continue reading →

Posted in IRS | Tagged | Comments Off on Koskinen Wins Public Service Award; Chaffetz Gets It Right

Math Is Hard, IRS Addition

Posted on March 3, 2016 by Russ

This time I couldn’t resist. A client received an IRS CP2000 notice. This is an Automated Underreporting Unit (AUR) notice, designed to look for things such as matching errors. In this case, a client didn’t include his dividend income on … Continue reading →

Posted in IRS | Tagged | Comments Off on Math Is Hard, IRS Addition

The Most Terrifying Words in the English Language Strike Again

Posted on March 2, 2016 by Russ

One of my favorite quotes is from President Ronald Reagan: The most terrifying words in the English language are: I’m from the government and I’m here to help. Yet another instance of this appears to be striking with the IRS. … Continue reading →

Posted in IRS | Tagged | 1 Comment

Math Is Hard, IRS Edition

Posted on February 28, 2016 by Russ

I was so, so tempted to write, “Math Is Hard, IRS Addition,” but I held off. Why? Because it turns out that it wasn’t 104,000 people who were victimized in last year’s “Get Transcript” hack, nor was it 334,000 taxpayers. … Continue reading →

Posted in IRS | Tagged | Comments Off on Math Is Hard, IRS Edition

Mr. Trump Has Trouble With the Truth

Posted on February 28, 2016 by Russ

Presidential candidate Donald Trump has stated that he cannot release his tax records because he’s under audit. He’s wrong. His tax records are his own, he can post them on billboards, websites, or anywhere else he’d like to. As the … Continue reading →

Posted in IRS | Tagged | 1 Comment

IRS Must Pay Fees in Civil Forfeiture Case

Posted on February 8, 2016 by Russ

I’m a huge fan of the Institute for Justice. Last week, the Institute for Justice won a case for a man who had $107,702.66 seized from him. Last May, Lyndon McLellan won the right to get back his $107,702.66 that … Continue reading →

Posted in IRS | Tagged , | Comments Off on IRS Must Pay Fees in Civil Forfeiture Case

Good News on the Practitioner Priority Service (PPS)

Posted on February 8, 2016 by Russ

It was with fear and trepidation that I picked up my phone and dialed the IRS’s Practitioner Priority Service (PPS). This is the telephone number that tax professionals use to obtain information from the IRS. Over the past year and … Continue reading →

Posted in IRS | Tagged | Comments Off on Good News on the Practitioner Priority Service (PPS)

IRS Computers Crash

Posted on February 4, 2016 by Russ

2015 was a year the IRS would like to forget. Unfortunately, 2016 may be heading the same way. Yesterday, the IRS had a computer failure impacting multiple systems. Those systems are still down this morning (as of 6:30am PST). The … Continue reading →

Posted in IRS | Comments Off on IRS Computers Crash