IRS recently announced a new “initiative” (July 31, 2015 e-mail for tax professionals), to make early contact with employers who are falling behind in their payroll taxes. According to the announcement, when it appears an employer may owe a balance at the end of the quarter, Revenue Officers will be in contact before the quarterly… CONTINUE
Sometimes an IRS Mistake is a Good Thing
It is easy to get discouraged by income tax bills, but it is a bad idea to get discouraged about a tax bill while there are still opportunities to contest the bill. If a client is willing and has a reasonable basis for challenging the validity of the bill we usually encourage him or… CONTINUE
Rev. Proc. 2013-34 Good News for Innocent Spouse Claims
Back on January 5, 2012, the IRS issued Notice 2012-8, which was a proposed Revenue Procedure that would expand and liberalize the IRS procedures for evaluating Innocent Spouse claims. On September 16 ,2013, after a period of taking comments on the proposed new procedures, the IRS issued them in final form as Rev. Proc. 2013-34. Rev. Proc. 2013-34 is effective… CONTINUE