IRS: Make Fourth- Quarter 2021 Quarterly Tax Payments by January 18 to Avoid Penalty
The IRS reminded taxpayers required to make estimated tax payments for the fourth quarter of 2021 by January 18, 2022, …
IRS Tax Season Begins January 24
The IRS has announced that it will begin accepting and processing 2021 tax returns on January 24, 2022, and that …
District Court Had Jurisdiction Over Innocent Spouse Claim Because Taxpayer Filed Refund Suit There
The Tax Court determined that a district court had jurisdiction over a taxpayer’s innocent spouse claim. Once the taxpayer filed …
White House issues revised Build Back Better Framework
In a White House briefing, President Biden has outlined a framework to help guide the drafting of legislative language for …
TC: Partner Taxed on Distributive Share, Whether or Constructively Received
The Tax Court has held that a partner was liable for tax on her distributive share of income from the …
Reminder: Filing Deadline for Individuals with Extensions is October 15
In an information release, the IRS reminds individual taxpayers with filing extensions for their 2020 income tax returns that the …
IRS Commissioner Provides Overview of Key Areas Affecting Taxpayers
IRS Commissioner Charles Rettig, writing in an ongoing series of articles about various functions of IRS, provided an overview of …
Internal IRS Memo Clarifies some Additional Child Tax Credit Issues
In an internal memo, the IRS has clarified some issues regarding the additional Child Tax Credit. Additional child tax credit …
What to do if IRS Erroneously Assesses Tax After Taxpayer Petitions Tax Court
As a result of recent IRS and Tax Court administrative delays, IRS has erroneously closed cases and assessed taxes because …
Draft Nonresident Alien Instructions Updated to Remove COVID Exception
The IRS has issued draft instructions to Form 8233, Exemption From Withholding on Compensation for Independent (and Certain Dependent) Personal …