Showing posts with label exam. Show all posts
Showing posts with label exam. Show all posts
Sunday, June 15, 2025

Use Of Wrong Form Costs A Tax Refund

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Let’s talk about the following Regulation: 26 CFR § 301.6402-2 Claims for credit or refund (b)  Grounds set forth in claim. (1) No r...
Monday, November 4, 2024

Firing A Client

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We fired a client. Nice enough fellow, but he would not listen. To us, to the IRS, to getting out of harm’s way. He brought us an examin...
Sunday, June 2, 2024

Paying Personal Expenses Through A Business

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I am looking at a tax case. It reminds me of something. There is a too-common belief that paying an expense through a business can someh...
Monday, February 26, 2024

Can A Taxpayer Be Responsible For Tax Preparer Fraud?

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  We are familiar with the statute of limitations. In general, the SoL means that you have three years to file a return, information importa...
Friday, March 12, 2021

How Much Paperwork Does the IRS Want?

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Sometimes practitioners disagree on how much supporting paperwork – if any – should go with a tax return. The issue can take on a keener edg...
Sunday, May 5, 2019

I Filed A Petition With The Tax Court

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This week I put in a petition to the Tax Court. It used to be that I could go for years without this step. Granted, I have become ...
Sunday, February 25, 2018

A Divorce Decree And Past Taxes

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Let’s say that a couple divorces. The divorce decree stipulates that liability for previous federal taxes will be split 50:50. They had al...
Friday, December 15, 2017

How Often Can The IRS Audit You For The Same Thing?

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How often can the IRS audit you for the same thing? I would have to ask two more questions before answering: (1) Is the IRS audi...
Sunday, September 24, 2017

A CPA Goes Into Personal Audit

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Folks, if you wind up before the Tax Court, please do not say the following: … petitioner testified that allocating some of the expenses ...