Tax Blog and News
Igor Drabkin and David Warner to Present at Strafford Webinar on Penalty Abatement Procedures
We are pleased to announce that Igor S. Drabkin and David J. Warner will be co-presenting a Strafford webinar entitled “Complex IRS Penalty Abatement Procedures for Failure-to-File, Failure-to-Pay” on Monday, November 18, 2024, at 10:00 a.m. PST/1:00 p.m. EST. This...
Major U.S. Tax Court Victory for David J. Warner, Kevin Oveisi & Richard Gano in Complex Fraud Trial
On September 5, 2024, the Holtz, Slavett & Drabkin trial team of former IRS attorneys David J. Warner, Kevin Oveisi, and Richard Gano won a complete victory in the United States Tax Court in the cases of Hoyal et al. v. Commissioner, T.C. Memo. 2024-84! These...
Holtz, Slavett, Drabkin & Warner is Proud to Sponsor UCLA 40th Tax Controversy Conference; Igor Drabkin to Speak on the IRS Collection Procedures
Holtz, Slavett & Drabkin, APLC is proud to sponsor this year’s 40th UCLA Annual Tax Controversy Conference, the preeminent event exclusively dedicated to tax controversy and tax litigation. Igor Drabkin will be presenting as one of the speakers on the panel...
The ERC Voluntary Disclosure Program Returns – When Is It a Good Idea to Participate?
On the heels of its announcement that the IRS has approved 50,000 employee retention credit (ERC) claims, rejected 28,000 ERC claims, initiated 460 ERC-claim related criminal cases, and extended the ERC claim review moratorium to January 31, 2024,[1] the IRS announced...
Michele Weiss Shares Insights for the Daily Journal on the Employee Retention Credit
Michele Weiss recently published an article in the Daily Journal entitled “The IRS has ramped up its efforts to catch tax fraudsters involved in Employee Retention Credit misuse.” In this article, Michele analyzes the current state of the Employee Retention Credit....
Michele Weiss to Discuss Attracting and Retaining Talent for Start-Ups
On June 20, 2024, Michele Weiss, principal at Holtz, Slavett, & Drabkin, will participate in a Beverly Hills Bar Association Panel: “Attracting and Retaining Talent for Start-Ups: Employee Incentive Plans, Payroll Concerns, Immigration Law Issues.” This panel is...
Rescheduling Marijuana from Schedule I to Schedule II: No More I.R.C. § 280E, More Tax Deductions, and Potential Refunds to Cannabis Businesses?
Cannabis businesses that cultivate, distribute, or sell marijuana have long been subject to I.R.C. § 280E. Section 280E states that no deduction or credit is allowed for a business that “consists of trafficking in controlled substances (within the meaning of schedule...
Michele Weiss to Speak About Tax Issues in Settlement Agreements
Settling employment cases can be a harrowing experience. Plaintiffs have often experienced challenges and struggles at their employment prior to filing their claim. Reaching a settlement brings a sense a relief as a potentially difficult chapter in the plaintiff’s...
IRS to Increase Number of Audits, Focus on Wealthy Taxpayers and Large Businesses
On May 2, 2024, the IRS released its Strategic Operating Plan, setting forth its priorities and future goals. The plan focuses on five key objectives: Objective 1. Dramatically improve services to help taxpayers meet their obligations and receive the tax incentives...
David J. Warner and Michele Weiss Analyze Strategies for IRS Audits of Employee Retention Credit in Strafford Webinar
On April 26, 2024, Shareholder David J. Warner and Principal Michele Weiss will provide their expertise on the IRS audits of the employee retention credit (ERC) in a Strafford webinar entitled “Preparing for Employee Retention Credit Audits: Withdrawing a Claim,...