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By McDermott Will & Emery on Dec 26, 2019
Posted In IRS Audits, IRS Guidance, Uncategorized
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 16 – 20, 2019. December 16, 2019: The IRS released a notice extending the phase-in period for the enforcement and administration of section 871(m) of the IRC. The notice extends the transition relief provided...
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Weekly IRS Roundup September 16 – 20, 2019
By McDermott Will & Emery on Sep 23, 2019
Posted In IRS Audits, IRS Guidance, Settlements, Uncategorized
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 16 – 20, 2019. September 16, 2019: The IRS issued a news release about time-limited settlement offers made to eligible taxpayers under audit who participated in certain micro-captive insurance transactions. September 17, 2019: The Treasury and...
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