IRS Chief Counsel Memoranda: Cryptocurrency Donations Above $5,000 Need Qualified Appraisal and No Unrealized Cryptocurrency Loss Without Disposition -
Introduction -
The IRS recently released two chief counsel...more
Eleventh Circuit Sides with Ninth Circuit on Section 6751(b) Circuit Split -
Introduction: Section 6751(b) and the Timing of Supervisory Approval of a Penalty -
The Eleventh Circuit’s decision in Kroner v. Commissioner,...more
12/14/2022
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This year the extended tax filing deadline for U.S. citizens or residents, sole proprietorships, C corporations, and single-owner LLCs is Monday, October 17, 2022. Through the course of the tax year companies often engage in...more