What is Tax Evasion?

December 2018

The IRS TAX CRIMES HANDBOOK states that there are two kinds of tax evasion:   https://www.jdsupra.com/legalnews/what-is-tax-evasion-39001/

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What is Reasonable Cause for the IRS?

December 2018

In the US, Taxpayers “self-assess and voluntarily” pay taxes.  The IRS position  https://www.jdsupra.com/legalnews/what-is-reasonable-cause-for-the-irs-60482/

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Do you own a second home or a vacation home that you rent out?

November 2018

Rental income is reportable on a Taxpayer’s tax return. Certain expenses such as https://www.jdsupra.com/legalnews/do-you-own-a-second-home-or-a-vacation-95740/

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IRS Guidance on Business Meals is Transitional

November 2018

The Tax Cut and Jobs Act (TCJA) amended Section 274 of the Internal Revenue Code (IRC) created a confusion for Taxpayers https://www.jdsupra.com/legalnews/irs-guidance-on-business-meals-is-91773/

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Understanding Estate and Gift Taxes

November 2018

Although only .2% of US Taxpayers actually pay Estate Taxes (Congress’s Joint Committee on Taxation), https://www.jdsupra.com/legalnews/understanding-estate-and-gift-taxes-62995/

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Tax Fraud and the Element of Willfulness

October 2018

Tax fraud is often defined as an intentional wrongdoing on the part of a Taxpayer with the specific purpose of evading a tax known or believed owed. Tax fraud requires:    https://www.jdsupra.com/legalnews/tax-fraud-and-the-element-of-willfulness-31839/

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Don’t forget about your Right to Retain Representation

October 2018

Taxpayers have a Taxpayers Bill of Rights: ten fundamental rights available to them when dealing with the IRS.  They are:   https://www.jdsupra.com/legalnews/don-t-forget-about-your-right-to-retain-27313/

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Understating Form W-7 and the ITIN

October 2018

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the IRS to foreign nationals and others who have federal tax reporting or filing requirements and do not qualify for Social Security Numbers (SSNs).   https://www.jdsupra.com/legalnews/understating-form-w-7-and-the-itin-31274/

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IRS gives Internal Revenue Manual Voluntary Disclosure Consideration if…….

October 2018

When IRS reviews a criminal tax case, consideration is given to various factors such as whether a voluntary disclosure was made, whether prosecution exists, the health, age and mental condition of the Taxpayer and whether a solicitation of tax returns

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Why am I being audited by the IRS?

September 2018

An IRS Audit is designed to be an impartial review to assess tax return filing accuracy. IRS selects returns for audit to determine the reporting accuracy of income, expenses, and/or refundable credits.   https://www.jdsupra.com/legalnews/why-am-i-being-audited-by-the-irs-94435/

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Is calculating the 20 percent deduction for pass-through businesses simple?

September 2018

Section 199A of the Internal Revenue Code provides Individual Taxpayers a deduction for the Qualified Business Income (QBI) of a qualified trade or business operated directly or through a pass-through entity.  The types of entities and professionals  https://www.jdsupra.com/legalnews/is-calculating-the-20-percent-deduction-26991/

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