Tax Blog and News
Igor Drabkin & David Warner Analyze Recent FBAR Developments in Webinar
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, November 1,...
Michele Weiss Interviews IRS National Taxpayer Advocate
On August 2, 2023, Michele Weiss, Principal at Holtz, Slavett & Drabkin, interviewed Erin Collins, the IRS National Taxpayer Advocate. The interview was a Beverly Hills Bar Association program. The Taxpayer Advocate Service (TAS) is an independent organization...
Former IRS Attorney Kevin Oveisi Joins Holtz, Slavett, Drabkin & Warner
Holtz, Slavett & Drabkin, APLC, is pleased to announce that former IRS attorney Kevin Oveisi has joined the firm as a tax attorney. Kevin brings to Holtz, Slavett & Drabkin invaluable experience as a senior trial attorney for the IRS Office of Chief Counsel...
IRS Enforcement Focuses on High Income Taxpayers, Puerto Rico Scheme and Malta Pension Arrangements
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...
Michele Weiss Quoted in Bloomberg Tax Article on FTB Conservation Easement Settlement Program
Michele Weiss, principal at Holtz, Slavett & Drabkin, was quoted in a Bloomberg Tax article on the FTB’s recently announced settlement program for California taxpayers who invested in syndicated conservation easement transactions (“FTB Settlement Program”). The...
Michele Weiss Quoted in Tax Notes Today Article About ERC Fraud
Michele Weiss, principal at Holtz, Slavett & Drabkin, APLC, was quoted in a Tax Notes Today article, “Training Docs Suggest IRS Is Focused Only on Most Serious ERC Fraud.” Michele discussed the IRS training materials for the Employee Retention Credit (ERC). The...
Michele Weiss Speaking at the ABA Tax Section May 2023 Meeting
On May 5, Michele Weiss, principal at Holtz, Slavett & Drabkin, will be speaking on a panel at the ABA Tax Section’s annual May meeting. The panel will be presenting to the ABA Tax Section’s Closely Held Business Committee and will be discussing current hot...
David J. Warner and Michele Weiss Analyze Strategies for IRS Audits of the Employee Retention Credit for Strafford Webinar
On April 24, 2023, 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: Claiming the ERC,...
Gary Slavett Quoted in Inc. Magazine Article About Common Taxpayer Mistakes
It’s tax time again. INC. Magazine, with the help of Gary Slavett, discusses how to avoid getting in trouble with taxes. https://www.inc.com/bill-murphy-jr/i-used-to-be-a-lawyer-for-irs-here-are-7-ways-regular-people-get-in-big-trouble-on-their-taxes.html Gary...
Did the IRS Assess International Information Return Penalties Against You? You Might Be Entitled to a Refund Based on a Recent Tax Court Opinion
On April 3, 2023, the U.S. Tax Court issued its opinion in Farhy v. Commissioner, 160 T.C. No. 6 (2023). This case deals a major blow to the Internal Revenue Service (IRS) and its efforts to collect penalties related to certain international information returns. Did...