Corporate Taxes, Tax Penalties, Tax Returns

Weekly IRS Roundup June 5 – June 9, 2023

McDermott Will & Emery on 6/13/2023

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 5, 2023 – June 9, 2023...more

Curiosity Killed the Cat – Unfortunately the Oregon Legislature’s Curiosity Has Not Gone That Far With Respect to Our CAT: The...

Foster Garvey PC on 7/15/2020

During the special session, the Oregon legislature passed House Bill 4202 (“HB 4202”), which Governor Kate Brown signed into law on June 30, 2020. The legislation, which makes several technical and policy changes to the...more

Weekly IRS Roundup December 2 – 6, 2019

McDermott Will & Emery on 12/10/2019

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 2 – 6, 2019. December 2, 2019: The IRS issued final regulations providing guidance...more

Tax Payment Plans: What Do You Do? (Part 3)

Burr & Forman on 8/17/2017

If an individual or business owes federal taxes and does not have the current ability to pay these taxes, the IRS can “seller-finance” and offer a payment plan with the taxpayer. The primary benefit of a payment plan is that...more

MoFo New York Tax Insights - Volume 7, Issue 9

Morrison & Foerster LLP on 9/8/2016

Appellate Division Holds That NYS Tax Department Properly Withheld Documents Requested Under FOIL - In a unanimous decision, the Appellate Division affirmed a decision of the Supreme Court, Albany County, which had...more

New Law Doubles the Penalties for Failure to File Correct Tax Information Returns and Provide Payee Statements

Eversheds Sutherland (US) LLP on 7/21/2015

On June 29, President Obama signed into law the Trade Preferences Extension Act of 2015. Quietly embedded in Section 806 of this new law is a provision that doubled the cap on penalties, from $1.5 million to $3 million, for...more