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Tax Practice

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June 30, 2020

New Taxpayer Advocate sees tax challenges from CARES Act

By Michael Cohn 8 min read

National Taxpayer Advocate Erin Collins released her first report to Congress Monday, discussing some of the difficulties confronting taxpayers and the IRS during the COVID-19 pandemic.

IRS says it will not extend tax filing deadline beyond July 15

By Laura Davison 1 min read

The Internal Revenue Service won’t further delay the tax filing and payment deadline past July 15, despite requests to do so, the agency said Monday.

Corporate audits fell 71% as coronavirus crippled IRS

By Laura Davison 2 min read

The IRS initiated 71 percent fewer corporate audits this spring compared with the same time period a year ago as the coronavirus pandemic halted many agency operations.

Watchdog’s deceased mother one of 1.1M to get stimulus check

By Laura Davison and Mark Niquette 3 min read

The head of a federal watchdog agency had some direct experience with the shortcomings of one of the coronavirus stimulus programs — a check from the IRS made out to his late mother.

France, U.K. offer to limit digital tax after U.S. threat

By Alberto Brambilla 2 min read

Italy and Spain also offered to limit the scope of a proposed global digital tax, a concession after the U.S. threatened to hit countries with tariffs if they moved ahead with levies on tech companies.

IRS wasting millions on audits with no results, watchdog says

By Laura Davison 2 min read

The Internal Revenue Service wasted $22.7 million auditing tax returns that resulted in no additional revenue for the federal government, according to an agency watchdog.

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Tax filing deadlines in the time of coronavirus

By Joshua Ashman 3 min read

The extension also applies to Americans living abroad who would otherwise generally have had a filing deadline of June 15.

Tax Fraud Blotter: Contemptuous

By Jeff Stimpson 5 min read

Bug in the system, again; the category is fraudster; pit stop; and other highlights of recent tax cases.

IRS sent $1.4B in stimulus checks to dead people, audit finds

By Laura Davison and Mark Niquette 5 min read

The federal government’s quick action to issue stimulus payments led to more than a billion dollars of fraudulent payments, according to the GAO.

Democrats want to block stimulus for companies moving offshore

By Laura Davison 2 min read

Top Democrats in the House and Senate are backing a measure that would deny coronavirus aid to companies that moved their official headquarters offshore to avoid U.S. taxes.

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