Richard Gano Shares Insights for Bloomberg Tax on Special IRS Penalty Relief
Richard Gano recently published an article for Bloomberg Tax entitled “Taxpayers Must Act Quickly on Relief for Late Filing Penalties.” In this article, Richard analyzes IRS Notice 2022-36, in which the IRS provides relief to most people and businesses who file...Non-Payment of Payroll Taxes Can Lead to Serious Legal Problems
Civil and criminal employment tax enforcement is one of the top priorities for the IRS and the Department of Justice.
David J. Warner to Speak on Taxation of Foreign Branches at Strafford Webinar
Holtz, Slavett & Drabkin tax attorney, principal, and shareholder David J. Warner will be co-presenting a Strafford webinar entitled “Taxation of Foreign Branches Under Current Tax Law: Qualified Business Units, Foreign Tax Credits, Anti-Hybrid Rules” on...
Are FBAR Penalties Limited? U.S. Supreme Court Will Decide.
On June 21, 2022, the U.S. Supreme Court decided to review (that is, granted certiorari) in the case of Bittner v. United States. This case centers around the report of foreign bank and financial accounts (FBAR) and penalties for not timely filing the FBAR form. The...