IRS Form 3949-A Information Referral – PROBLEMS

After it was learned that thousands of identity theft 'Information Referrals' reported on IRS Form 3949‑A were not being processed the Treasury Secretary General for Tax Administration (TIGTA) investigated and published a report (#2012-40-106) essentially stating that the "process for individuals to report

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Posted in Identity Theft, TIGTA, Whistleblower

Failure to File IRS Form 1099 Penalty

I have a client who failed to file 1099-misc for contract labor and am dealing with an examiner who denied all contract labor expenses because of a lack of IRS Form 1099-MISC back to 2007 even though an audit trail exists substantiating

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Posted in Independent Contractor

IRC Section 1398 Election: Banruptcy and the Creation of a Short Tax Year

If you are an individual debtor in a chapter 7 or 11 bankruptcy case you may be able to elect to close your tax year for the year in which the bankruptcy petition is filed as of the day before

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Posted in Bankruptcy

IRS Restrictions on Contacting Taxpayers

I've worked with many good people inside the IRS on a wide variety of cases. So please do not get me wrong I'm not bashing ALL IRS employees. However like any big bloated bureaucracy I've also worked with some real

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Posted in Appeals & Audit Resolution, Audit Reconsideration, Audit Technique Guide, IRS Appeal, IRS Audit, IRS Collections, IRS Criminal Enforcement, IRS Enforcement, IRS Examination, IRS Mediation, Tax Abuse, Tax Guidance & Preparation, Tax Relief, Taxpayer Advocate, TIGTA

IRS Publication 503 – Dependent Care Expenses

A taxpayer came to me today for verification on dependent care expenses. Their basic profile may be similar to yours. A husband and wife with two children in day care. The wife is a full time student that does not

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Posted in Children, Dependent, Disallowed Expenses, Husband/Wife, Tax Guidance & Preparation, Tax Problems & Requests, Taxable Income, Unemployment

Dependency Exemption and the American Opportunity Tax Credit

A new client came to me this week - husband/wife - filing a joint tax return.  Their son a full time 21 year old student with some earned income but not enough to provide for over one half of his

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Posted in Dependent, Education Expense

Tax Court Rejects Conclusions of Cost Segregation Study – Amerisouth Vs. Commissioner

This blog is my personal tax research tool. Pursuant to the rules of professional conduct set forth in US Treasury Circular 230 nothing contained in this blog was intended to be used by any taxpayer for the purpose of avoiding penalties that

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Posted in Cost Segregation, Tax Court

IRS Compliance Requirements and the Bankruptcy Code

This blog is my personal tax research tool. Pursuant to the rules of professional conduct set forth in US Treasury Circular 230 nothing contained in this blog was intended to be used by any taxpayer for the purpose of avoiding penalties that

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Posted in Bankruptcy

IRS’ Taxpayer Advocate Service Changed Case Acceptance Criteria

The Taxpayer Advocate Service (TAS) at the Internal Revenue Service changed the cases it will consider going forward. As of essentially today IRS TAS will generally NOT accept cases involving problems in these four areas: 1. processing of original tax returns,

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Posted in Taxpayer Advocate

Injured v. Innocent Spouse Tax Relief

You may be an injured spouse if you file a joint tax return and all or part of your portion of a refund was, or is expected to be applied to your spouse’s past due financial obligations. For consideration of

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Posted in Injured Spouse Relief, Innocent Spouse Relief
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