On July 1, 2026 the IRS unveiled a new portal for Kwong related refund claims. Taxpayers who want file Forms 843 claiming a refund for interest or penalties that accrued between January 20, 2020 and July 10, 2023 can file claims electronically through the IRS portal. Taxpayers can still paper…
Continue Reading IRS Launches Online Portal for Kwong Refund ClaimsAt the NYU Tax Controversy Forum last week, (former?) Acting IRS Chief Counsel…
Continue Reading IRS Targeting Charitable Deductions: Old Dog, Old TricksThe current administration’s focus on tax-exempt organizations is no secret. But the recent release…
Continue Reading Rhetoric Aside, Audits of Tax-Exempt Organizations Skyrocketed in FY25In a June 9 opinion, the Tax Court held that a married couple were…
Continue Reading Horse Breeding and Training Expense Deductions? Tax Court Says NeighSubscribe to Tax Controversy & Financial Crimes Report
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This is the final post in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act, a bipartisan legislative package introduced on February…
Continue Reading Taxpayer Assistance and Service Act Title X: Miscellaneous ProvisionsThis is the ninth in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act, a bipartisan legislative package introduced on February 26…
Continue Reading Taxpayer Assistance and Service Act Title IX: Small BusinessThis is the eighth in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced…
Continue Reading Taxpayer Assistance and Service Act Title VIII: HostagesThis is the seventh in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced…
Continue Reading Taxpayer Assistance and Service Act Title VII: WhistleblowersThis is the sixth in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced…
Continue Reading Taxpayer Assistance and Service Act Title VI: IRS Independent Office of AppealsThis article is the fifth in a series analyzing the proposed Taxpayer Assistance and Service Act (the “TAS Act”), bipartisan legislation introduced by Senators Crapo and Wyden to improve service…
Continue Reading Taxpayer Assistance and Service Act Title V: Tax Return PreparersThis is the fourth in a series of ten client alerts summarizing the key provisions of the Taxpayer Assistance and Service Act (the “TAS Act”), a bipartisan legislative package introduced…
Continue Reading Taxpayer Assistance and Service Act Title IV: Office of the Taxpayer AdvocateThis article is the third in a series analyzing the proposed Taxpayer Assistance and Service Act (the “TAS Act”), bipartisan legislation introduced by Senators Crapo and Wyden to improve service…
Continue Reading The Taxpayer Assistance and Service Act: Title III: Judicial ReviewThis article is the second in a series analyzing the proposed Taxpayer Assistance and Service Act (the “TAS Act”), bipartisan legislation introduced by Senators Crapo and Wyden to improve service…
Continue Reading The Taxpayer Assistance and Service Act: Title II: American Citizens AbroadAbout this Blog
Published by attorneys in the White-Collar Criminal Defense & Regulatory Compliance and Taxation & Wealth Planning practices of national law firm Fox Rothschild LLP, Tax Controversy and Financial Crimes Report reports on the latest developments in all aspects of tax controversy and financial crimes.