Given the recent expiration of the IRS’s People First Initiative on July 15, the return of IRS employees to offices and service centers, and this news release reminding taxpayers that collection activities would start...more
This is an update to an article originally released on March 31, 2020. The updates account for most of the administrative guidance released by the IRS and the descriptions in the JCT’s Bluebook.
After some tense...more
At various points in time, the IRS offers “initiatives” to assist businesses and individuals with various tax issues. Most often these initiatives offer favorable terms or inducements to a class of taxpayers with respect to...more
Updated 3/22/2020
As expected, the IRS issued Notice 2020-18 late Friday night formally extended the filing due date for income tax returns normally due on April 15, 2020 to July 15, 2020 to match the 90-day postponement of...more