On June 12, 2025, the U.S. Supreme Court issued a significant decision in Commissioner of Internal Revenue v. Zuch, clarifying the jurisdictional boundaries of the U.S. Tax Court in Collection Due Process (CDP) appeals....more
6/30/2025
/ Appeals ,
Commissioner of Internal Revenue v Zuch ,
Debt Collection ,
Due Process ,
IRS ,
Judicial Review ,
Jurisdiction ,
SCOTUS ,
Statutory Interpretation ,
Tax Court ,
Tax Debt ,
Tax Levy ,
Tax Liability ,
Tax Refunds
For the taxable years ending on December 31, 2017, and 2018, Section 965[1] of the Internal Revenue Code required U.S. shareholders (as defined in Section 951(b)) to pay a transition tax on the untaxed foreign earnings of...more
3/31/2025
/ Filing Deadlines ,
Foreign Corporations ,
Foreign Earned Income ,
Income Taxes ,
Installment Agreements ,
Internal Revenue Code (IRC) ,
IRS ,
Penalties ,
Shareholders ,
Tax Liability ,
Tax Planning ,
Tax Returns ,
Transition Tax