Jennifer Benda

Jennifer Benda

BakerHostetler

Contact  |  View Bio  |  RSS

Latest Publications

Share:

Court of Appeals Rules 23-Day Notice Requirement for Third Party Summonses is Mandatory in Tenth Circuit

In Jewell v. U.S., Taxpayer Sam Jewell was the subject of an IRS investigation which resulted in third party summonses being issued to banks located in both the Eastern and Western Districts of Oklahoma. Mr. Jewell challenged...more

5/7/2014 - Administrative Appeals Appeals IRS Notice Requirements Summons

IRS Fighting Hard to Avoid Tea Party Class Action Claims

The IRS recently filed a motion to dismiss class action claims brought by Tea Party groups. In NorCal Tea Party Patriots, et. al. v. IRS, et. al., S.D. Ohio, Case No. 1:13-cv-00341, Tea Party groups asserted that the IRS...more

2/17/2014 - 501(c)(4) Class Action Fifth Amendment First Amendment IRS Tax Returns

IRS Collecting More Revenue, Prosecuting More Criminal Cases

The IRS has released Fiscal Year 2013 Enforcement statistics. In FY 2013, IRS Enforcement collected more revenue than FY 2012, with fewer employees and while examining fewer returns than in FY 2012. ...more

1/10/2014 - Enforcement Actions IRS

Who will be home at the IRS if there is a Government Shutdown?

Treasury released its contingency plan to address the government shutdown. So, who will be home at the IRS? Here is what we know: IRS will: - continue automated collections activities - continue processing tax...more

10/1/2013 - Government Shutdown IRS

Tax Court Rules that IRS Too Aggressive in Applying Qualified Appraisal and Qualified Appraiser Standards

In Friedberg v. Comm’r, T.C. Memo 2011-238, the Tax Court granted summary judgment for the IRS, holding that an appraisal used to substantiate a facade easement donation amount was not a qualified appraisal because it...more

9/30/2013 - Appraisal Asset Valuations Diminution in Value IRS Summary Judgment

Taxpayer Advocate Continues to Criticize Offshore Voluntary Disclosure Programs

In an update to her December 2012 report, the Taxpayer Advocate has noted that the IRS still has not provided reasonable options for “benign actors”, or taxpayers who inadvertently violated the rules for reporting foreign...more

7/2/2013 - FBAR Foreign Bank Accounts IRS Offshore Funds OVDP

The 2012 FBAR Filing Deadline is June 30, 2013

U.S. taxpayers with foreign accounts whose aggregate value exceeded $10,000 at any time during 2012 must file Treasury Department Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts) with the Treasury Department...more

6/19/2013 - Disclosure Requirements FBAR Foreign Bank Accounts Penalties U.S. Treasury

IRS Says Class Action Settlement Incentive Awards in Wage Based Claims Are Taxable As Wages

On March 15, 2013, the IRS issued a private letter ruling responding to a request for a determination of whether incentive awards paid to class representatives under a settlement agreement resolving a class action suit...more

5/29/2013 - Class Action FLSA Incentives IRS Settlement Wages

IRS Reporting Requirements for Class Action Settlement Payments and Court Awarded Damages

When finalizing class action settlements, or paying damage awards after a class action judgment, it is important to be mindful of the taxation of these payments and the related IRS information reporting requirements triggered...more

2/20/2013 - 1099s Class Action Compensatory Damages Damages Injunctions IRS Medical Expenses Nontaxable Damages Reporting Requirements Settlement

9 Results
|
View per page
Page: of 1