Tax Talk

The Internal Revenue Service plans to end the Disclosure Authorization and Electronic Account Resolution on August 11th 2013. The Service claims that these electronic services aren’t used much and account for only 3% of all account-related issues. Tax practitioners are irate. It’s a newer service much faster than calling and waiting on hold. After the […]

The IRS is appealing the district court’s ruling in Loving vs. IRS.  Three independent tax preparers and a rally of libertarian lawyers sued the IRS for imposing regulations on tax preparers saying that the IRS doesn’t have statutory authority to do so.  The IRS is appealing the ruling and oral arguments for the case are […]

According to Accounting Today, the IRS and TIGTA have almost made up.  Not entirely, but TIGTA is letting the IRS move back into the house (personification- no actual move took place). While the IRS is only, at this point, satisfying 7 of 9 measures that TIGTA wants to see, the Service plans to really work […]

The Internal Revenue Service today reminded taxpayers that, due to the current budget situation including the sequester, the agency will be shut down on Friday, June 14. As was the case on May 24, the first furlough day, all IRS operations will again be closed on June 14. This means that all IRS offices, including […]

The “Grandfather” of the tax industry to stand trial for a number of illegal acts. Apparently, birthing an industry requires one to pretend that the protective laws governing and regulating our large corporations does not apply to them. In this case, we certainly have a “pattern of racketeering activity” which only requires two acts within […]