In a News Release yesterday afternoon, the IRS confirmed that the tax filing and payment deadline of July 15 will not be further extended. (In a March News Release, the IRS had previously extended the April 15 filing deadline...more
In an Internal Revenue Service (IRS) interim guidance memorandum authored by Sunita Lough, Deputy Commissioner, Services and Enforcement, the IRS has temporarily approved the acceptance of “signature images” and “digital...more
4/1/2020
/ Coronavirus/COVID-19 ,
Electronic Filing ,
Electronically Stored Information ,
Federal Taxes ,
Filing Deadlines ,
Filing Requirements ,
Income Taxes ,
IRS ,
Relief Measures ,
Required Forms ,
Tax Returns ,
U.S. Treasury
Accounting firms have specific rights and duties that come into play when they market to their clients using data gleaned from the return preparation process. The general rule is that returns and return information cannot be...more
At the 34th Annual National Institute on Criminal Tax Fraud in Las Vegas yesterday afternoon, Mark Daly, DOJ Tax Division Senior Litigation Counsel announced a major new shift in how the Department of Justice plans to argue...more
12/8/2017
/ Anti-Money Laundering ,
Department of Justice (DOJ) ,
FBAR ,
Foreign Bank Accounts ,
Offshore Banks ,
Offshore Funds ,
Penalties ,
Reporting Requirements ,
Tax Returns ,
Title 31 ,
Transaction Reporting