by Dan Smith | Jun 23, 2014 | Entrepreneurs' Business Blog
The U.S. Tax Court did not release any opinions on Friday, June 20, 2014. Today, the big news is that IRS Commissioner Koskinen will testify on Capitol Hill again–this time before the House Committee on Oversight chaired by Rep. Darrell Issa. The hearing is...
by Dan Smith | Jun 23, 2014 | Entrepreneurs' Business Blog
IRS Commissioner Koskinen will testify on Capitol Hill again today, this time before the House Committee on Oversight, chaired by Rep. Darrell Issa. If last week’s hearing is any indicator, look for today’s hearing to be testy. The U.S. Tax Court did not...
by Dan Smith | May 13, 2014 | Entrepreneurs' Business Blog
If you receive a notice of deficiency from the Internal Revenue Service, you have 90 days from the date of the notice to file a petition with the Tax Court, contesting the proposed deficiency. If you fail to do so, then the IRS can assess the additional tax deficiency...
by Dan Smith | Dec 11, 2013 | Entrepreneurs' Business Blog
Regular readers of “T for Taxes” know that my favorite Tax Court Judge is Judge Holmes. Some inveterate readers and book lovers get excited when there is a new novel out by John Grisham, for example. I’m certainly a book lover and reader myself, and...
by Dan Smith | Oct 2, 2013 | Entrepreneurs' Business Blog
What impact has the federal government shutdown that went into effect at midnight on October 1 had so far on the IRS? It has been reported that less than 10% of IRS employees are on the job at present due to the shutdown, and those that are working are for the most...
