by Igor Drabkin | Oct 19, 2023 | Audit, Criminal Tax, Employment Tax, Internal Revenue Service
Today, in an attempt to further deal with the Employee Retention Credit (ERC) refund scams, the IRS announced a new process for withdrawal of inappropriate ERC claims. This new withdrawal option allows certain employers that filed an ERC claim but have not yet... by Igor Drabkin | Oct 16, 2023 | Internal Revenue Service
The Internal Revenue Service announced, in Notice 2023-71, that certain taxpayers affected by the terrorist attacks in Israel on October 7, 2023, will qualify for postponement of various tax filing and payment deadlines. The affected taxpayers, both individual and... by Igor Drabkin | Oct 16, 2023 | Franchise Tax Board, Internal Revenue Service
Today, October 16, 2023, the IRS issued an announcement, further postponing tax deadlines for most California taxpayers to November 16, 2023. Because of the last winter’s natural disasters, the normal April 15 due dates had previously been postponed to October... 
by Igor Drabkin | Oct 9, 2023 | FBAR, Internal Revenue Service, Offshore Income
Tax Attorneys and Shareholders Igor S. Drabkin and David J. Warner will be speaking in an upcoming Strafford live webinar, “FBAR 2023 Update: Filing Requirements, Recent Cases, Deadlines, Extension, Penalty Resolution, and Waiver Provisions” on Wednesday,... by Igor Drabkin | Jul 18, 2023 | Audit, Criminal Tax, Internal Revenue Service, Tax Collection
On July 14, 2023, the IRS issued a release, IR-2023-126, discussing the agency’s improvements in taxpayer service and modernization efforts. From the compliance enforcement standpoint, the IRS announced that it will continue to focus on high income, high net worth...