If granted, the stay would allow the IRS to charge the fees while it decides whether to appeal the district court decision that struck down the fees and, if it does appeal, during the appeal itself.
IRS practice & procedure
IRS pilots Appeals videoconference service
The IRS Office of Appeals announced that on Aug. 1 it will begin offering taxpayers and their representatives a new web-based virtual conference option for taxpayer conferences.
IRS heats up compliance enforcement on passport holders with tax debt
The passport restriction will affect the expatriate community and foreign travelers who haven’t established an agreement to pay their delinquent tax debt.
Regulations address new statutory due dates for many tax returns
Changes to the due dates and extensions of time to file various tax returns and information returns were implemented in a package of regulations the IRS issued on Wednesday.
Treasury identifies 8 regulations as burdensome
After reviewing all 105 Treasury regulations issued in 2016 and early 2017, the Treasury Department has identified eight that cost too much, are too complex or exceed the IRS’s statutory authority.
Employment tax enforcement rising to a top priority
The IRS and the Department of Justice indicate an increase in efforts to counter growing noncompliance.
Guidance issued on PATH Act depreciation, Sec. 179 changes
The revenue procedure covers amended returns claiming property expensing, qualified real property, and bonus depreciation transition rules.
IRS signals non acquiescence in 3 cases
The Service says courts erred in decisions on the placed-in-service date of a retail store, the use of the completed-contract method, and an S corporation’s payment of an employee’s personal expenses.
Trump executive orders to be reflected in Priority Guidance Plan
The orders include one directing Treasury to target recent burdensome, complex, or overreaching IRS regulations.
IRS reopens PTIN registration system
The system had been down since early June, after a federal court held that the IRS cannot charge a PTIN fee.
Federal court strikes down PTIN fees, upholds PTINs
The D.C. District Court held that the IRS has the authority to require preparers to use preparer tax identification numbers (PTINs) but that it cannot charge fees for issuing PTINs.
Disbarred tax preparer is not subject to OPR jurisdiction
A district court applies the Loving decision.
Closed years are fair game in exam of NOL carryovers
Audit risks persist past the otherwise applicable limitation period.
No tax fraud for issuing Form 1099, Seventh Circuit holds
The payee’s failure to explicitly reject a check outweighs the payer’s restrictive endorsement.
President’s budget includes tax proposals and regulation of return preparers
President Donald Trump’s proposed FY 2018 budget includes a new proposal to give the IRS authority to regulate paid tax return preparers.
New IRS rules, no increased funding in appropriations bill
The 2017 appropriations bill passed by Congress includes $11.2 billion for IRS operations and enforcement. But it also includes specific directives prohibiting certain IRS conduct.
Details of FAFSA data breach revealed in House testimony
The details of a recent data breach affecting 100,000 taxpayers were revealed in testimony before the House of Representatives Oversight and Government Reform Committee in Washington.
Tax principles for the digital age
The AICPA revises its Guiding Principles of Good Tax Policy to respond to challenges in tax reform, economic efficiency, global reach, and securing taxpayers’ information.
How to obtain rescission of a 90-day letter
Procedures provide an alternative to filing a Tax Court petition.
IRS enforcement activities dropped in 2016
The IRS reported several large drops in its enforcement activities in fiscal year 2016, including a 16% drop in audits, a 40% drop in levies, and a 9% drop in liens compared to the prior year.
Features
FROM THIS MONTH'S ISSUE
Tax season quick guide
Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.
