Circular 230
Tax practitioner censured for violating conflict of interest rules. IR-2018-154, (IRS), 2018-07-25
FBAR
Couple not entitled to refund of FBAR penalties; no reasonable cause. Jarnagin v. U.S., No. 15-1534T, (Fed Cl.), 2017-11-30
https://ecf.cofc.uscourts.gov/cgi-bin/show_public_doc?2015cv1534-36-0
FBAR filing deadline extended for individuals with signature authority but no financial interest in certain accounts. FinCEN Notice 2017-1, (IRS), 2017-12-22
https://www.fincen.gov/sites/default/files/shared/FBAR_Notice_2017-12-22-17.pdf
Title 31 USC §5321
IRS allowed to impose penalty in excess of $100,000 for FBAR violations. Norman v. U.S., Dkt 15-872, (Fed Cl), 2017-07-31
https://ecf.cofc.uscourts.gov/cgi-bin/show_public_doc?2015cv0872-44-0
U.S. citizens and resident aliens must report foreign financial assets. IR-2018-87, (IRS), 2018-04-09
https://www.irs.gov/newsroom/irs-reminds-those-with-foreign-assets-about-us-tax-obligations
IRS not allowed to impose penalty in excess of $100,000 for FBAR violations. Wadhan v. U.S., no. 17-cv-01287, (DC CO), 2018-07-18
https://www.gpo.gov/fdsys/pkg/USCOURTS-cod-1_17-cv-01287/pdf/USCOURTS-cod-1_17-cv-01287-0.pdf
Offshore voluntary compliance program ending soon. IR-2018-176, (IRS), 2018-09-04
https://www.irs.gov/newsroom/irs-offshore-voluntary-compliance-program-to-end-sept-28
Code Sec. 7805(b)
TE/GE issues memo on relief from retroactivity and form 1023-ez; TAS memo provides guidance on advocating for taxpayers with modules assigned to PCA; wage and income transcript availability procedure updated. TEGE-04-0118-0001, (IRS), 2018-01-05
https://www.irs.gov/pub/foia/ig/spder/tege-04-0118-0001.pdf
Code Sec. 7804
Taxpayer advocate releases NTA 2017 annual report to congress. IR-2018-3, (IRS), 2018-01-10
https://content.govdelivery.com/accounts/USIRS/bulletins/1d2128d
National taxpayer advocate releases mid-year report to congress. IR-2017-143, (IRS), 2018-06-27
Code Sec. 7803
Taxpayer bill of rights outlined by IRS. FS-2018-2, (IRS), 2018-02-13
https://www.irs.gov/newsroom/irs-outlines-taxpayer-bill-of-rights-0
Individual’s complaint seeking damages for emotional distress dismissed. Kennedy v. Commissioner, No. 5:18-cv-00257, (DC E.D. PA), 2018-06-18
https://www.leagle.com/decision/infdco20180619933
No enforceable right to IRS appeals review under TBOR. Facebook, Inc. v. U.S., 17-cv-06490-LB, ( DC Calif.), 2018-05-14
https://www.leagle.com/decision/infdco20180516c07
Code Sec. 7701(a)(36)
Return preparers reminded to renew PTINs and CE for AFSP. IR-2017-207, (IRS), 2017-12-20
Code Sec. 7609
Bitcoin exchange summons partially enforced. U.S. v. COINBASE, INC., No.17-cv-01431-JSC, (DC N.D. CA), 2017-11-28
https://www.leagle.com/decision/infdco20171130f45
LLCs do not fall under RFPA’s waiver of sovereign immunity. Hohman v. Eadie, No. 17-1869, (6th Cir.), 2018-07-05
https://law.justia.com/cases/federal/appellate-courts/ca6/17-1869/17-1869-2018-07-05.html
Code Sec. 7602
Administrative summons properly enforced. U.S. v. Mellon, No. 17-399, (2d Cir.), 2018-01-16
https://caselaw.findlaw.com/us-2nd-circuit/1886000.html
Attorney-client privilege did not protect client names and addresses from summons. U.S. v. Servin, No. 17-1371, (3rd Cir.), 2018-02-01
http://www2.ca3.uscourts.gov/opinarch/171371np.pdf
Summoned individuals required to testify. U.S. v. Pate, No. 16-4282, (8th Cir.), 2018-02-06
https://caselaw.findlaw.com/us-8th-circuit/1888396.html
IRS has proposed changes to summons interview regulations. NPRM REG-132434-17, (IRS), 2018-03-28
https://www.govinfo.gov/content/pkg/FR-2018-03-28/pdf/2018-06242.pdf
IRS summonses properly enforced for lawyer’s clients’ names. Presley v. U.S., No. 17-10182, (11th Cir), 2018-07-18
http://media.ca11.uscourts.gov/opinions/pub/files/201710182.pdf
Individual properly refused to answer summons interview questions. U.S. v. Lui, No. 16-cv-00969-JST, (DC N.D.CA), 2018-04-18
https://www.leagle.com/decision/infdco20180419833
Code Sec. 7601
IRS updates instructions for surveying employment tax returns. SBSE-04-1217-0080, (IRS), 2017-12-14
https://www.irs.gov/pub/foia/ig/sbse/sbse-04-1217-0080(1).pdf
IRS CI division’s annual report shows impact of staffing declines. Criminal Investigation 2017 Annual Report, (IRS), 2017-12-20
https://www.irs.gov/newsroom/irs-criminal-investigation-releases-fiscal-year-2017-annual-report
Settlements for specific dollar amounts and closing agreements discussed. AP-08-0718-0011, (IRS), 2018-07-05
https://www.irs.gov/pub/foia/ig/appeals/ap-08-0718-0011.pdf
Code Sec. 7502
Partnership fails to prove timely mailing in refund case. Jones, Bell, Abbott, Fleming & Fitzgerald L.L.P., No. CV-17-7752, (DC C.D.CA), 2018-05-15
https://casetext.com/case/jones-bell-abbott-fleming-fitzgerald-l-lp-v-united-states-1
Return sent to revenue officer not sufficient to establish filing of tax return for bankruptcy discharge. In re Harold, 16-40659, ( BC E.D.Mich), 2018-08-20
https://www.leagle.com/decision/inbco20180822711
Code Sec. 7491
IRS not required to prove compliance with sec. 6751(b) (supervisory approval of penalties) in partnership level proceeding. Dynamo Holdings Limited Partnership v. CIR, 150 T.C. No. 10, (USTC), 2018-05-07
https://www.ustaxcourt.gov/UstcInOp/OpinionViewer.aspx?ID=11640
Code Sec. 7483
Time to file appeal of tax court decision is not extended by successive motions to vacate. Annamalai v. CIR, 17-60255, (5th Cir), 12:00:00 AM
http://www.ca5.uscourts.gov/opinions/pub/17/17-60255-CV0.pdf
Code Sec. 7436
TE/GE, TAS issue memos, updated IRM procedures available. TEGE-04-0418-0006, (IRS), 2018-04-17
https://www.irs.gov/pub/foia/ig/spder/tege-04-0418-0006.pdf
Reclassification of dividends as wages for s-copr does not give tax court jurisdiction under IRC 7436(a)(1). Azarian v. Cir, 17-2134, (8th Cir), 2018-07-27
https://law.justia.com/cases/federal/appellate-courts/ca8/17-2134/17-2134-2018-07-27.html
Code Sec. 7434
Doctor entitled to damages for fraudulent 1099. Angelopoulosv. Keystone Orthipedic Specialists, 12-cv-5836, (DC N.D.Il), 2018-01-18
https://www.leagle.com/decision/infdco20180710b28
Individual did not have standing under IRC 7434 to sue entity that issued fraudulent 1099 to individuals sham corporation. Baker v. Batmasian, 17-12830, (11th Cir.), 2018-04-09
https://law.justia.com/cases/federal/appellate-courts/ca11/17-12830/17-12830-2018-04-09.html
Code Sec. 7433
Taxpayers can recover emotional distress damages for IRS ‘s violation of bankruptcy stay. Hunsaker v. U.S., No. 16-35991, (9th Cir.), 2018-08-30
http://cdn.ca9.uscourts.gov/datastore/opinions/2018/08/30/16-35991.pdf
Code Sec. 7430
Charitable organization not entitled to award of attorney fees when IRS conceded after receiving petition. Friends of the Benedictines in the Holy Land, Inc. v. CIR, 150 T.C. No. 5, (USTC), 2018-02-21
https://www.ustaxcourt.gov/USTCInOP/OpinionViewer.aspx?ID=11565
Lawyer awarded attorney’s fees for IRS position denying his loses for horse breeding activity. Tolin v. CIR, T.C. Memo. 2018-29, (USTC), 2018-03-19
https://ustaxcourt.gov/UstcInOp/OpinionViewer.aspx?ID=11684
Organization entitled to attorney’s fees, costs and expenses as class representative. NorCal Tea Party Patriots, (DC S.D. Ohio), 2018-08-17
https://www.leagle.com/decision/infdco20180820e08
Fiduciaries and beneficiaries of an estate awarded fees and cost after being unsuccessfully sued by the IRS for transferee and fiduciary liability. U.S. v. Johnson, 2:11-cv-00087, (DC Utah), 12:00:00 AM
https://ecf.utd.uscourts.gov/cgi-bin/show_public_doc?211cv0087-222
Code Sec. 7426
Probable cause existed for IRS assertion that a corporation was an alter ego or of delinquent taxpayer. Certified Enterprises, Inc. v. U.S., (DC E.D. MO), 2017-12-13
https://www.leagle.com/decision/infdco20171214f07
Code Sec. 7422
Pro se taxpayer’s complaint for collection damages survives USA motion to dismiss. Wrhel v. US., 16-cv-758-jdp, (DC W.D.WI), 2017-09-29
https://www.wiwd.uscourts.gov/opinions/pdfs/Wrhel%20(16-758)%20mtn%20dismiss%201%20party.pdf
Return preparer’s penalty refund claim dismissed. Nguyen v. U.S., 16cv00391 JAH-DHB, (DC S.D.CA), 2018-01-18
https://www.leagle.com/decision/infdco20180119a28
Individual lacked standing to bring refund claim because former spouse had paid the joint return liability. Samadi v. U.S., 3:16-0562-MBS-PJG, (DC S.C.), 2018-01-30
https://law.justia.com/cases/federal/district-courts/south-carolina/scdce/3:2016cv00562/226636/104/
The third circuit court of appeals held that the filing of a form 843 to recover a shared responsibility payment was proper rather than a form 1040x. Cash v. IRS, 1:15-cv-02439, (3rd Cir.), 2018-02-09
https://www.gpo.gov/fdsys/pkg/USCOURTS-ca3-17-01441/pdf/USCOURTS-ca3-17-01441-0.pdf
Substantial variance doctrine not violated by boxer’s refund action because administrative records proves IRS considered the reasons set forth in boxer’s amended complaint. Cotto-Vazquez v. U.S., 16-2807, (DC P.R.), 2018-02-28
https://law.justia.com/cases/federal/district-courts/puerto-rico/prdce/3:2016cv02807/130804/54/
Couple not entitled to refund; no overpayment. Zhouv. U.S., No. 2018-1012, (Fed. Cir.), 2018-03-15
https://law.justia.com/cases/federal/appellate-courts/cafc/18-1012/18-1012-2018-03-15.html
Government’s motion for stay of district court refund action of native American denied. Perkins v. U.S, 16-CV-495V, (DC W.D.N.Y.), 2018-04-18
https://law.justia.com/cases/federal/district-courts/new-york/nywdce/1:2016cv00495/107753/53/
Refund claim disallowed because variance doctrine applied. Logan v. U.S., 2:18-cv-99-FtM-29MRM, (DC M.D.FL), 2018-06-21
https://www.leagle.com/decision/infdco20180622c17
Code Sec. 7403
Court allows forced foreclosure of liens on property held by individual. U.S. v. Nelson, No. Civ 17-4002, (DC S.D.), 2018-05-25
https://www.leagle.com/decision/infdco20180529850
Code Sec. 7402
Individual not entitled to quiet title. Brattain v. Graverson, No. 2:17-cv-00505, (DC S.D.IN), 2018-03-09
https://www.leagle.com/decision/infdco20180312e51
District court had jurisdiction over bank’s quiet title action. First Sentinel Bank v. U.S., No. 1:2017cv00043, (DC W.D.VA), 2018-05-29
https://law.justia.com/cases/federal/district-courts/virginia/vawdce/1:2017cv00043/109377/13/
Code Sec. 7401
Self-serving, uncorroborated affidavit may create issue of material fact. U.S. v. Stein, No. 16-10914, (11th Cir.), 2018-01-31
https://caselaw.findlaw.com/us-11th-circuit/1887632.html
Code Sec. 7345
IRS issues serious tax delinquency passport denial and revocation guidance. Notice 2018-1, IRB 2018-03, (IRS), 2018-01-16
https://www.irs.gov/irb/2018-03_IRB#NOT-2018-01
Chief counsel discusses IRS ‘s passport certification process. CC-2018-005, (IRS), 2018-04-05
https://www.irs.gov/pub/irs-ccdm/cc-2018-005.pdf
Memo provides guidance to tas employees. TAS-13-0418-0001, (IRS), 2018-04-26
https://www.irs.gov/pub/foia/ig/spder/tas-13-0418-0001_passport_igm.pdf.pdf
Code Sec. 7212
Conviction for obstructing tax law administration reversed. Marinello v. U.S., No. 16–1144, (S.Ct.), 2018-03-21
https://www.supremecourt.gov/opinions/17pdf/16-1144_p8k0.pdf
Individual’s conviction for preparation of false tax returns properly vacated and remanded. U.S. v. Gentle, No. 16-4020, (2nd Cir.), 2018-05-09
https://www.courtlistener.com/opinion/4496361/united-states-v-gentle/
Tax preparer’s IRS obstruction conviction vacated. U.S. v. Westbrooks, No. 16-20409, (5th Cir.), 2018-06-21
https://law.justia.com/cases/federal/appellate-courts/ca5/16-20409/16-20409-2018-06-22.html
Code Sec. 7206
Tax loss may include unpaid state taxes; jury instructions proper. U.S. v. Chang, No. 17-10250, No. 17-10256, (9th Cir.), 2018-07-12
https://caselaw.findlaw.com/us-9th-circuit/1900012.html
Defendant failed to establish facts to support return of capital defense, conviction by district court upheld. U.S. v. Visconti, No. 17-50091, (9th Cir.), 2018-09-24
https://cdn.ca9.uscourts.gov/datastore/memoranda/2018/09/24/17-50091.pdf
Code Sec. 7203
Special skills enhancement for former IRS employee proper. U.S. v. English, No. 16-10360, (9th Cir.), 2018-02-26
https://caselaw.findlaw.com/us-9th-circuit/1890452.html
Code Sec. 7122
Collection financial standards updated. Collection Financial Standards, (IRS), 2018-03-26
https://www.irs.gov/businesses/small-businesses-self-employed/collection-financial-standards
Code Sec. 7121
Form 4549 is not a closing document. taxpayers not entitled to refund of disclosure penalties based on contract theory as there was no form 866 or form 906 closing agreements. HINKLE v. U.S., No. 1:16-cv-01048, (DC NM), 2018-06-15
https://www.leagle.com/decision/infdco20180618779
Code Sec. 6901
Government not entitled to stay prohibition on fee for PTIN. Steele v. U.S.,No. 1:2014cv01523, (DC D.C.), 2018-06-01
Ninth circuit court of appeals overturns tax court, holds that transferee liability applies if shareholders should have known that transaction was for tax avoidance. Slone v. U.S., No. 16-73349, (9th Cir.), 2018-07-24
https://cdn.ca9.uscourts.gov/datastore/opinions/2018/07/24/16-73349.pdf
Code Sec. 6871
Debtor’s transferee liability not entitled to priority. In re Kardash, No.: 8:16-bk-05715-KRM, (BC-DC FL), 2017-09-21
https://www.leagle.com/decision/infdco20170921e78
IRS not allowed to preclude individual’s bankruptcy discharge because it did not show he intentionally failed to pay his tax liabilities. In re J.G. Quiroz, No. 15-10292-R, Adv. No. 16-1027-R, ( BC-DC Okla.), 2018-04-10
https://www.leagle.com/decision/inbco20180411653
IRS employee willfully violated discharge order. I.R.S. v. Murphy, No. 17-1601, (1st Cir.), 2018-06-07
http://media.ca1.uscourts.gov/pdf.opinions/17-1601P-01A.pdf
Filing of collection due process request tolls bankruptcy look-back period for discharge purposes. Tenholder v. U.S., Case No. 17-cv-1310-DRH, (DC S.D. IL), 2018-09-17
https://www.leagle.com/decision/infdco20180918f91
Code Sec. 6751(b)
The verification required by IRC sec. 6330(c)(1) does not require an analysis of the thought process of the approving immediate supervisor under IRC sec. 6751(b)(1) but rather verification that the supervisor approved in writing the initial determination. Blackburn v. CIR, 150 T.C. No. 9, (USTC), 2018-04-05
https://www.ustaxcourt.gov/USTCInOP/OpinionViewer.aspx?ID=11616
Chief counsel discusses compliance issues regarding penalties in litigation. CC-2018-006, (IRS), 2018-06-06
https://www.irs.gov/pub/irs-ccdm/cc%202018%20006.pdf
Code Sec. 6707A
Jurisdiction was lacking in claim challenging reportable transaction penalty rescission determination. Brazillai v. US, 17-354 2018-04-03, (Fed. Cl.), 2018-04-30
https://ecf.cofc.uscourts.gov/cgi-bin/show_public_doc?2017cv0354-21-0
Code Sec. 6695
Preparer due diligence rules include head of household eligibility. NPRM REG-103474-18, IRB 2918-32, (IRS), 2018-08-06
https://www.irs.gov/irb/2018-32_IRB#REG-103474-18
Code Sec. 6694
Tax preparer properly convicted of preparing false returns. U.S. v. Jacobs, 17-1508-cr, (2nd Cir.), 2018-05-21
https://www.leagle.com/decision/infco20180521069
Code Sec. 6673
Supervisory approval rule applies to IRS, not tax court imposition of frivolous petition penalty under IRC 6673(a)(1). Williams v. CIR, 151 T.C. No. 1, (USTC), 2018-07-03
https://ustaxcourt.gov/UstcInOp/OpinionViewer.aspx?ID=11680
Code Sec. 6672
Responsible person failed to designate payments to IRS. Weder v. U.S., CIV-15-304-M, (DC W.D.OK), 2017-10-16
https://law.justia.com/cases/federal/district-courts/oklahoma/okwdce/5:2015cv00304/93277/42/
Law firm partners were responsible persons liable for trust fund recovery penalty. Spizz v. U.S., No. 1:2015cv02361 Document 82, (DC S.D.N.Y.), 2017-12-04
https://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2015cv02361/440260/82/
IRS not entitled to summary judgement as to whether limited partner was a responsible person. Ireland v. U.S., 2:17-cv-02014-CAS-AGRx, ( DC C.D.CA), 2018-04-02
Issues of fact existed in trust fund recovery refund case. Bibler v. U.S., 2:17-cv-134, (DC S.D.OH), 2018-04-23
https://www.leagle.com/decision/infdco20180424833
Code Sec. 6662
Supervisor’s written approval of penalty part of IRS burden of production and IRS chief counsel can approve penalties. Graev v. CIR, (Graves III), 149 T.C. No. 23, (USTC), 2017-12-20
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11535
Adequate disclosure guidance updated. Rev. Proc. 2018-11, (IRS), 2018-01-29
https://www.irs.gov/pub/irs-irbs/irb18-05.pdf
Code Sec. 6662(e)
LB&I issues guidance regarding assertion of penalties in certain transfer pricing examinations. LB&I-04-0118-003, (IRS), 2018-01-12
LB&I issues instructions on mandatory transfer pricing of IDRS. LB&I-04-0118-001, (IRS), 2018-01-12
https://www.irs.gov/pub/foia/ig/spder/lbi-04-0118-001.pdf
Code Sec. 6651
LLC denied refund of penalties and interest; reliance on employee, CPA for paying taxes did not constitute reasonable cause. Deaton Oil Company, LLC v. U.S., No. 17-2326, (8th Cir), 2018-09-21
http://media.ca8.uscourts.gov/opndir/18/09/172326P.pdf
Code Sec. 6601
IRS announces interest rates unchanged for calendar quarter beginning July 1, 2018. IR-2018-136, (IRS), 2018-06-08
https://www.irs.gov/newsroom/interest-rates-remain-the-same-in-the-third-quarter-of-2018
Fourth quarter 2018 interest rates remain unchanged. Rev. Rul. 2018-25, (IRS), 2018-09-07
https://www.irs.gov/pub/irs-drop/rr-18-25.pdf
Code Sec. 6532
IRS erroneous refund recovery claim untimely; no misrepresentations. Starr International Company, Inc. v. U.S., No. 14-cv-01593 CRC,, (DC D.C.), 2018-01-31
http://procedurallytaxing.com/wp-content/uploads/2018/02/Starr-Decision.pdf
Code Sec. 6511
Media company’s refund claim properly dismissed; claim untimely. Trusted Media Brands, Inc. v. U.S., No. 17-3733-cv., (2nd Cir.), 2018-08-10
https://www.leagle.com/decision/infco20180810155
Code Sec. 6503(a)
CCDM being revised to reflect updated procedures for identifying and handling tax court petitions. CC-2018-008, (IRS), 2018-07-06
https://www.irs.gov/pub/irs-ccdm/cc%202018%20008.pdf
Code Sec. 6502
Transcripts alone insufficient to prove existence of installment agreement. Nugent v. U.S., 5:16-cv-380-JMH, (DC E.D.KY), 2018-01-12
https://law.justia.com/cases/federal/district-courts/kentucky/kyedce/5:2016cv00380/81322/24/
Individual’s collection due process hearing tolled collection limitation period even though taxpayer withdrew CDP because appeals officer continued to consider the CDP. U.S. v. Komlo, No. 15-3789, (DC E.D.PA), 2018-03-14
https://casetext.com/case/united-states-v-komlo
Erroneous credit transfer not tax refund; 10-year limitations period properly applied. Schuster v. CIR, No. 17-11647, (11th Cir.), 2018-04-04
https://law.justia.com/cases/federal/appellate-courts/ca11/17-11647/17-11647-2018-04-04.html
Ten-year limitations period properly suspended; collection action timely. U.S. v. Gilliam, No. 17-1642, (4th Cir.), 2018-06-25
http://www.ca4.uscourts.gov/opinions/171642.U.pdf
Code Sec. 6501
Omission of foreign asset income did not extend limitations period. Rafizadeh v. CIR, 150 T.C. No. 1, (USTC), 2018-01-02
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11522
VIBIR returns processed by IRS triggered limitations period. Coffey Hulett v. CIR,150 T.C. No. 4, (USTC), 2018-01-29
https://www.ustaxcourt.gov/USTCInOP/OpinionViewer.aspx?ID=11567
Noncurrent year PFIC gains not income, deficiencies barred. Toso v. CIR, 151 T.C. No. 4, (USTC), 2018-09-04
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11761
Code Sec. 6343(b)
Individuals, businesses get more time to make wrongful levy claims. IR-2018-126, (IRS), 2018-05-25
Code Sec. 6334
Offer-in-compromise not alternative for collection. U.S. v. Scribner, No. 17-2825, (8th Cir.), 2018-08-17
http://media.ca8.uscourts.gov/opndir/18/08/172825P.pdf
Code Sec. 6332
Individual’s complaints barred by anti-injunction act. Saepoff v. U.S., No. 17-35589, (9th Cir.), 2018-06-21
https://cdn.ca9.uscourts.gov/datastore/memoranda/2018/06/21/17-35589.pdf
Code Sec. 6331
Installment agreement did not prohibit IRS from enforcing lien. State Auto Property and Casualty Insurance Company, 3:16-CV-73-DMB-JMV, (DC N.D.Miss.), 2018-08-06
https://www.leagle.com/decision/infdco20180807g37
Code Sec. 6330
Appeals officer abused discretion; levy not sustained. Credex, Inc. v. CIR, TC Memo. 2017-241, (USTC), 2017-12-05
https://www.ustaxcourt.gov/UstcInOp/OpinionViewer.aspx?ID=11497
Code Sec. 6320
Meeting with collections officer not prior administrative proceeding. Loveland v. CIR, 151 T.C. No. 7, (USTC), 12:00:00 AM
https://www.ustaxcourt.gov/USTCInOP/OpinionViewer.aspx?ID=11775
Code Sec. 6223
Centralized partnership audit regime partnership representative final regulations issued. T.D. 9839, (IRS), 2018-08-27
https://www.irs.gov/irb/2018-35_IRB#TD-9839
Code Sec. 6212
IRS spotlights cp-2000 letters. FS-2018-11, (IRS), 2018-05-23
Code Sec. 6103
IRS introduces new tax transcript format. IR-2018-171, (IRS), 2018-08-22
https://www.irs.gov/newsroom/irs-to-introduce-new-tax-transcript-to-better-protect-taxpayer-data
IRS introduces new tax transcript format for data security. FS-2018-16, (IRS), 2018-09-20
https://www.irs.gov/newsroom/coming-soon-a-new-tax-transcript-to-better-protect-taxpayer-data
Code Sec. 6081
New mailing address for paper forms 8809. Form 8809, (IRS), 2018-01-08
Code Sec. 6015
Individual entitled to innocent spouse relief. Bishop v. CIR, T.C. Summary Opinion 2018-1, (USTC), 2018-01-04
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11530
Divorcee entitled to equitable relief from ex-husband’s tax liability. Minton v. CIR, T.C. Memo. 2018-15, (USTC), 2018-02-05
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11557
Individual entitled to equitable relief from ex-spouse’s tax liability. Heedram v. CIR, TC Memo. 2018-25, (USTC), 2018-03-07
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11580
Individual entitled to relief from joint and several liability only for one year. Jacobsen v. CIR, T.C. Memo. 2018-115, (USTC), 2018-07-25
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11711
Individual entitled to innocent spouse relief. Neitzer v. CIR, TC Memo. 2018-156, (USTC), 2018-09-19
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11773
Individual entitled to innocent spouse relief; had no knowledge of omitted income. Merlo v. CIR, T.C. Summary Opinion 2018-47, (USTC), 2018-09-24
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11780
Code Sec. 6012
IRS changes compliance assurance process program. IR-2018-174, (IRS), 2018-08-27
Code Sec. 6011
IRS explains identity theft victim assistance process. FS-2018-6, (IRS), 2018-04-04
https://www.irs.gov/newsroom/when-to-file-a-form-14039-identity-theft-affidavit
Proposed regulations modify electronic filing requirement for information returns. NPRM REG-102951-16, IRB 2018-25, (IRS), 2018-06-18
https://www.irs.gov/irb/2018-25_IRB#REG-102951-16
Code Sec. 6001
Including donor information on returns to end for many exempt organizations. Rev. Proc. 2018-38, (IRS), 2018-07-17
https://www.irs.gov/pub/irs-drop/rp-18-38.pdf
Code Sec. 5701
Tobacco manufactured on trust land subject to excise taxes. U.S. v. King Mountain Tobacco Co., Inc., Nos. 14-36055 and 16-35607, (9th Cir.), 2018-08-13
http://cdn.ca9.uscourts.gov/datastore/opinions/2018/08/13/14-36055.pdf
Code Sec. 5000A
Guidance issued for section 5000a on computing affordability exemption for individuals with no available marketplace bronze-level plan. Notice 2017-74 2017-12-07, (IRS), 2017-12-07
https://www.irs.gov/pub/irs-drop/n-17-74.pdf
Code Sec. 4968
IRS plans for proposed regulations under code sec. 4968. Notice 2018-55, (IRS), 2018-06-08
https://www.irs.gov/pub/irs-drop/n-18-55.pdf
Code Sec. 3401
Teaching hospital’s indemnification claims against IRS upheld. New York and Presbyterian Hospital, No. 2017-1180, (CA-FC), 2018-01-31
http://www.cafc.uscourts.gov/sites/default/files/opinions-orders/17-1180.Opinion.1-30-2018.1.PDF
Property manager was employee of apartment-complex employer, not independent contractor. Hampton Software Development, LLC v. CIR, T.C. Memo. 2018-87, (USTC), 2018-06-19
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11667
Code Sec. 2032A
Rates used in computing special use value issued. Rev. Rul. 2018-22, (IRS), 2018-08-20
https://www.irs.gov/irb/2018-34_IRB#RR-2018-22
Code Sec. 1446
Tax court had jurisdiction to determine partnership withholding tax liabilities. Ya Global Investments, LP v. CIR, 151 T.C. No. 2, (USTC), 2018-08-08
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11723
Code Sec. 1400Z-1
IRS lists population census tracts designated as qualified opportunity zones. Notice 2018-48, (IRS), 2018-06-20
https://www.irs.gov/pub/irs-drop/n-18-48.pdf
Code Sec. 1231
Forfeited deposit from terminated property sale was ordinary income. Cri-Leslie, LLC v. CIR, No. 16-17424, (11th Cir.), 2018-02-15
https://caselaw.findlaw.com/us-11th-circuit/1889440.html
Code Sec. 1061
New three-year holding period for certain carried interests applies to s corps partners. IR-2018-37, (IRS), 2018-03-01
Code Sec. 1001
Modifications to VPFCS resulted in constructive sales of collateralized shares; tax court’s decision reversed and remanded. McKelvey Est. v. CIR, No. 17-2554, (2d Cir.), 2018-09-26
https://law.justia.com/cases/federal/appellate-courts/ca2/17-2554/17-2554-2018-09-26.html
Code Sec. 965
Preliminary guidance issued for transition tax computation. Notice 2018-7, (IRS), 2017-12-29
https://www.irs.gov/pub/irs-drop/n-18-07.pdf
Additional foreign earnings transition tax guidance issued. IR-2018-9, (IRS), 2018-01-17
https://www.irs.gov/newsroom/irs-issues-additional-guidance-on-transition-tax-on-foreign-earnings
IRS issues guidance on code sec. 965 transition tax filing and payment requirements. IR-2018-53, (IRS), 2018-03-13
Additional guidance on foreign earnings transition tax issued. IR-2018-79, (IRS), 2018-04-02
https://www.irs.gov/newsroom/irs-issues-additional-guidance-on-transition-tax-on-foreign-earnings-0
FAQS provide penalty and filing relief for taxpayers subject to code sec. 965 transition tax. IR-2018-131, (IRS), 2018-06-04
Legal basis offered for denying refund for transition tax installment payment. PMTA 2018-16, (IRS), 2018-08-02
https://www.irs.gov/pub/lanoa/pmta_2018_16.pdf
Code Sec. 956
Definition of U.S. property exception modified. Notice 2018-46, (IRS), 2018-05-04
https://www.irs.gov/pub/irs-drop/n-18-46.pdf
Code Sec. 951
Cfcs’ applicable earnings includible income. SIH Partners LLLP v. CIR, 150 T.C. No. 3, (USTC), 2018-01-18
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11532
Regulated investment companies excise tax relief provided. Rev. Proc. 2018-47, (IRS), 2018-09-06
https://www.irs.gov/irb/2018-39_IRB#RP-2018-47
Proposed regulations provide guidance on GILTI inclusion. NPRM REG-104390-18; IR-2018-186, (IRS), 2018-09-13
Code Sec. 911
IRS corrects excludable or deductible foreign housing expenses for 2018. Notice 2018-44, (IRS), 2018-04-23
https://www.irs.gov/pub/irs-drop/n-18-44.pdf
IRS releases excludable or deductible foreign housing expenses for 2018. Notice 2018-33, (IRS), 2018-04-23
https://www.irs.gov/pub/irs-drop/n-18-33.pdf
Combat-zone workers with U.S. abode now eligible for foreign earned income exclusion. IR-2018-173, (IRS), 2018-08-24
U.S. citizen working abroad for state department could not exclude foreign earned income. O’Kagu v. CIR, 151 T.C. No. 6, (USTC), 2018-09-18
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11767
Code Sec. 707
IRS issues proposed regulations regarding allocation of partnership liabilities for disguised sale purposes. NPRM REG-131186-17, (IRS), 2018-06-19
Code Sec. 704
IRS supplements proposed regulations implementing the centralized partnership audit regime. NPRM REG-118067-17, (IRS), 2018-08-17
https://www.federalregister.gov/documents/2018/08/17/2018-17614/centralized-partnership-audit-regime
Code Sec. 529A
Regulations to be issued on recent changes affecting able accounts. Notice 2018-62, (IRS), 2018-08-03
https://www.irs.gov/pub/irs-drop/n-18-62.pdf
Code Sec. 512
Interim guidance provided for exempt organizations with multiple unrelated businesses. Notice 2018-67, (IRS), 2018-08-21
https://www.irs.gov/pub/irs-drop/n-18-67.pdf
Code Sec. 511
Teaching hospital liable for UBIT on income from debt collection services and group purchasing programs. New Jersey Council of Teaching Hospitals v. CIR, 149 T.C. No. 22, (USTC), 2017-12-20
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11521
Code Sec. 501
Exempt status determination letter application and issuance procedures updated. Rev. Proc. 2018-5, (IRS), 2018-01-02
https://www.irs.gov/irb/2018-01_IRB#RP-2018-1
IRS issued new form for social welfare organization applications. Rev. Proc. 2018-10, (IRS), 2018-01-24
https://www.irs.gov/pub/irs-drop/rp-18-10.pdf
IRS corrects guidance on when restructuring no longer requires new exempt status applications. Rev. Proc. 2018-15, (IRS), 2018-02-22
https://www.irs.gov/pub/irs-drop/rp-18-15.pdf
Entity’s tax-exempt status revoked. Association for Honest Attorneys v. CIR, T.C. Memo. 2018-41, (USTC), 2018-04-03
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11614
Code Sec. 501(c)(3)
IRS revises form 1023-ez. Form 1023-EZ Revisions, (IRS), 2018-01-17
https://www.irs.gov/charities-non-profits/form-1023-ez-revisions
Code Sec. 482
Taxes paid by multinational beverage company’s subsidiary were compulsory. Coca Cola Company and Subsidiaries, 149 T.C. No. 22, (USTC), 2017-12-20
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11521
LB&I directive provides transfer pricing guidance for new examinations related to SBC. LB&I-04-0118-005, (IRS), 2018-01-12
LB&I directive provides transfer pricing guidance for subsequent PCT contribution to existing CSA. LB&I-04-0118-004, (IRS), 2018-01-30
Code Sec. 481
Six-year spread applies to 481(a) adjustments after terminated s corporation’s accounting method change. Rev. Proc. 2018-44, (IRS), 2018-08-22
https://www.irs.gov/irb/2018-37_IRB#RP-2018-44
Code Sec. 469
Married couple’s rental real estate loss was not subject to passive activity loss limitations. Birdsong v. CIR, T.C. Memo. 2018-148, (USTC), 2018-09-10
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11756
Code Sec. 448
Small businesses get automatic consent for accounting method change. IR-2018-160, (IRS), 2018-08-03
Code Sec. 446
Transitional guidance provided on deferral of advance payments; comments requested. Notice 2018-35, (IRS), 2018-04-12
https://www.irs.gov/pub/irs-drop/n-18-35.pdf
Customer contract revenue recognition accounting method change provided. Rev. Proc. 2018-29, (IRS), 2018-05-09
https://www.irs.gov/pub/irs-drop/rp-18-29.pdf
Customer contract revenue recognition accounting method change modified. Rev. Proc. 2018-49, (IRS), 2018-09-19
https://www.irs.gov/pub/irs-drop/rp-18-49.pdf
Code Sec. 408
Individual required to include IRA distributions in gross income. Kirkpatrick v. CIR, T.C. Memo. 2018-20, (USTC), 2018-02-22
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11578
IRA payments to state’s unclaimed property fund subject to tax withholding and reporting requirements. Rev. Rul. 2018-17, (IRS), 2018-05-29
https://www.irs.gov/pub/irs-drop/rr-18-17.pdf
Code Sec. 408A
Taxpayers’ made excess Roth IRA contributions; excise tax imposed. Mazzei v. CIR, 150 T.C. No. 7, (USTC), 2018-03-05
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11598
Code Sec. 402
IRS updates 402(f) notice safe harbor language. Notice 2018-74, (IRS), 2018-09-18
https://www.irs.gov/pub/irs-drop/n-18-74.pdf
Code Sec. 401
Retroactive revocation of FDL amounted to abuse of discretion. Val Lanes Recreation Center Corporation v. CIR, T.C. Memo. 2018-92, (USTC), 2018-06-26
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11686
Plans can use forfeitures to fund future qualified matching or nonelective contributions. T.D. 9835, (IRS), 2018-08-13
https://www.irs.gov/irb/2018-33_IRB#TD-9835
Deadline extended for pre-approved plan opinion letter procedures. Rev. Proc. 2018-42, (IRS), 2018-08-15
https://www.irs.gov/pub/irs-drop/rp-18-42.pdf
Nondiscrimination relief for closed defined benefit plans extended. Notice 2018-69, (IRS), 2018-08-18
https://www.irs.gov/pub/irs-drop/n-18-69.pdf
Code Sec. 385
IRS proposes to remove section 385 documentation regulations. NPRM REG-130244-17, (IRS), 2018-09-24
Code Sec. 382
Safe harbors for determining built-in gain, loss for corporate ownership changes modified. Notice 2018-30, (IRS), 2018-05-08
https://www.irs.gov/pub/irs-drop/n-18-30.pdf
Code Sec. 337
Final regulations bar corporate partners from using transaction to avoid gain. T.D. 9833, (IRS), 2018-06-04
https://www.gpo.gov/fdsys/pkg/FR-2018-06-08/pdf/2018-12407.pdf
Code Sec. 280A
IRS spotlights renting residential property. FS-2018-14, (IRS), 2018-08-14
https://www.irs.gov/newsroom/know-the-tax-facts-about-renting-out-residential-property
Code Sec. 280E
IRS had authority to disallow medical marijuana dispensary’s business expense deductions. Alpenglow Botanicals, LLC, No. 17-1223, (10th Cir.), 2018-07-03
https://www.ca10.uscourts.gov/opinions/17/17-1223.pdf
Code Sec. 263A
Property was held as capital asset; penalties imposed. Keefe v. CIR, T.C. Memo. 2018-28, (USTC), 2018-03-15
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11581
Code Sec. 139F
Wrongfully incarcerated taxpayers have until December 17 to claim exclusion. IR-2018-60, (IRS), 2018-03-16
Code Sec. 223
2018 inflation adjusted limit for HDHP family coverage deduction changed back to $6,900. IR-2018-107, (IRS), 2018-04-26
2019 inflation adjustments for health savings accounts released. Rev. Proc. 2018-30, (IRS), 2018-05-09
https://www.irs.gov/pub/irs-drop/rp-18-30.pdf
Code Sec. 199-a
IRS releases proposed regs and rev. proc for 199a pass-through deduction. NPRM REG-107892-18; Notice 2018-64; IR-2018-162; TDNR SM-0456; FAQs, (IRS), 2018-08-08
Code Sec. 170
Procedures regarding charitable deductions and exempt status combined and updated. Rev. Proc. 2018-32, (IRS), 2018-05-16
https://www.irs.gov/pub/irs-drop/rp-18-32.pdf
Final regulations provided for substantiating and reporting charitable contributions. T.D. 9836, (IRS), 2018-08-13
https://www.irs.gov/irb/2018-33_IRB#TD-9836
Proposed regs limit charitable contributions made to avoid salt deduction limit. NPRM REG-112176-18, (IRS), 2018-08-27
Façade easement charitable contribution deduction denied. Harbor Lofts Associates v. CIR, 151 T.C. No. 3, (USTC), 2018-08-27
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11738
Certain payments under tax credit programs deductible as business expenses. IR-2018-178, (IRS), 2019-09-05
Code Sec. 170(f)(3)(B)(iii)
IRS updates audit techniques guide for conservation easements. Conservation Easement Audit Techniques Guide, (IRS), 2018-01-24
https://www.irs.gov/pub/irs-utl/conservation_easement.pdf
Code Sec. 168
Fact sheet on new rules and limitations for depreciation and expensing under TJCA released. FS-2018-9, (IRS), 2010-04-23
Code Sec. 168(k)
Proposed rules address 100-percent depreciation deduction. NPRM REG-104397-18; IR-2018-159; TDNR SM-0455, (IRS), 2018-08-03
https://www.irs.gov/newsroom/treasury-irs-issue-proposed-regulations-on-new-100-percent-depreciation
Code Sec. 167
Unsubstantiated deductions disallowed; penalties proper. Main v. CIR, No. 17-71070, (9th Cir.), 2018-04-17
https://law.justia.com/cases/federal/appellate-courts/ca9/17-71070/17-71070-2018-04-17.html
Code Sec. 166
Inventor’s royalties not entitled to capital gain treatment. Cooper v. Commissioner, No. 15-70863, (9th Cir.), 2017-12-15
http://cdn.ca9.uscourts.gov/datastore/opinions/2017/12/15/15-70863.pdf
Deduction disallowed as debt did not become worthless; penalty upheld. Hatcher v. CIR, 17-60318, (5th Cir.), 2018-04-09
https://law.justia.com/cases/federal/appellate-courts/ca5/17-60318/17-60318-2018-04-09.html
Code Sec. 165
Safe harbor casualty loss procedure for residences with deteriorating concrete foundations modified. IR-2017-208, (IRS), 2018-02-07
https://www.irs.gov/pub/irs-drop/rp-18-14.pdf
Short sale and debt forgiveness are one transaction–no gain or loss when amount realized falls between gain basis and loss basis. Simonsen v. CIR, 150 T.C. No. 8, (USTC), 2018-03-14
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11586
Code Sec. 164
Prepaid real property taxes may be deductible. IR-2017-210, (IRS), 2017-12-27
Code Sec. 163
Home equity loan interest still deductible under new law. IR-2018-32, (IRS), 2018-02-11
https://www.irs.gov/newsroom/interest-on-home-equity-loans-often-still-deductible-under-new-law
IRS outlines guidance for business interest deduction under code sec. 163(j). IR-2018-82, (IRS), 2018-04-02
https://www.irs.gov/newsroom/irs-issues-guidance-on-business-interest-expense-limitations
Individual not equitable owner; mortgage interest deduction denied. Frankel v. CIR, T.C. Summary Opinion 2018-45, (USTC), 2018-09-19
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11774
Code Sec. 162
LLC carried on trade or business of providing investment advice. Lender Management, LLC v. CIR,T.C. Memo. 2017-246, (USTC), 2017-12-13
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11513
0, IRS provides transitional guidance for code sec. 6050x reporting requirements. Notice 2018-23, (IRS), 2018-03-27
https://www.irs.gov/pub/irs-drop/n-18-23.pdf
Attorney denied car and truck expense deduction; negligence penalty imposed. Velez v. CIR, T.C. Memo. 2018-46, (USTC), 2018-04-05
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11622
IRS provides luxury auto depreciation caps and lease inclusion tables for 2018. Rev. Proc. 2018-25, (IRS), 2018-04-17
https://www.irs.gov/pub/irs-drop/rp-18-25.pdf
Married couple denied business expense deductions; penalties imposed. Samadi v. IRC, T.C. Summary Opinion 2018-27, (USTC), 2018-05-24
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11655
Medical marijuana business could not deduct wages not attributable to cogs. Loughman v. CIR, T.C. Memo. 2018-85, (USTC), 2018-06-18
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11681
IRS provides guidance on what constitutes a covered employee under code sec. 162. Notice 2018-68, (IRS), 2018-08-21
https://www.irs.gov/pub/irs-drop/n-18-68.pdf
2018-2019 special per diem rates released. Notice 2018-77, (IRS), 2018-09-26
https://www.irs.gov/pub/irs-drop/n-18-77.pdf
Code Sec. 152
Qualifying relative definition still uses inflation adjusted exemption amount. Notice 2018-70, (IRS), 2018-08-28
https://www.irs.gov/pub/irs-drop/n-18-70.pdf
Code Sec. 132
Moving expense reimbursements incurred prior to 2018 are excluded from employee wages. Notice 2018-75, (IRS), 2018-09-21
https://www.irs.gov/pub/irs-drop/n-18-75.pdf
Code Sec. 107
IRS enjoined from enforcing ministerial housing allowance exclusion. Gaylor v. Mnuchin, 16-cv-215-bbc, (DC W.D.Wis.), 2017-12-13
https://scholar.google.com/scholar_case?case=4179032178086642774&hl=en&as_sdt=6&as_vis=1&oi=scholarr
Code Sec. 104
Veterans urged to file form 1040x to claim refund for overpayments attributable to disability severance payment. IR-2018-148, (IRS), 2018-07-11
Code Sec. 67
IRS clarifies estate and non-grantor trust expenses not subject to miscellaneous itemized deduction suspension. Notice 2018-61, (IRS), 2018-07-31
https://www.irs.gov/pub/irs-drop/n-18-61.pdf
Code Sec. 61
2018 standard mileage rates released. IR-2017-204, (IRS), 2017-12-14
https://www.irs.gov/newsroom/standard-mileage-rates-for-2018-up-from-rates-for-2017
Income from gravel mined on common tribal land taxable. Perkins v. CIR, 150 T.C. No. 6, (USTC), 2018-03-01
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11595
Virtual currency transactions reportable. IR-2018-71, (IRS), 2018-03-23
https://www.irs.gov/newsroom/irs-reminds-taxpayers-to-report-virtual-currency-transactions
2018 dollar amounts for qualified and cash method debt instruments released. IR-2018-52, (IRS), 2018-04-11
https://www.irs.gov/pub/irs-drop/rr-18-11.pdf
Applicable terminal charge and SIFL rates for determining value of noncommercial flights on employer-provided aircraft issued. Rev. Rul. 2018-10, (IRS), 2018-04-16
https://www.irs.gov/irb/2018-16_IRB#RR-2018-10
Change of accounting method procedures updated. Rev. Proc. 2018-31, (IRS), 2018-05-09
https://www.irs.gov/pub/irs-drop/rp-18-31.pdf
2018 standard mileage rates updated to reflect elimination of miscellaneous itemized deductions. IR-2018-127, (IRS), 2018-05-25
https://www.irs.gov/newsroom/law-change-affects-moving-mileage-and-travel-expenses
Indian tribe member properly liable for tax on tribal distributions; income derived from gaming business. U.S. v. Jim, No. 16-17109, (11th Cir.), 2018-06-04
https://www.leagle.com/decision/infco20180604039
Loan discharge relief available for taxpayers who took out private student loans. Rev. Proc. 2018-39, (IRS), 2018-07-30
https://www.irs.gov/pub/irs-drop/rp-18-39.pdf
Modified safe harbor provides new deduction computation. Notice 2018-63, (IRS), 2018-08-03
https://www.irs.gov/pub/irs-drop/n-18-63.pdf
Taxpayer’s reimbursement of mortgage overpayment not includible in gross income. Park v. CIR, T.C. Summary Opinion 2018-46, (USTC), 2018-09-24
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11777
Code Sec. 48
IRS provides guidance on determining when construction has begun on energy property for purposes of the energy credit. Notice 2018-59, (IRS), 2018-06-22
https://www.irs.gov/pub/irs-drop/n-18-59.pdf
Sale of new business was applicable asset acquisition, included goodwill; trial court improperly excluded “socialist” expert’s evidence. Alta Wind v. United States, No. 17-1410, (Fed. Cir), 2018-07-27
https://law.justia.com/cases/federal/appellate-courts/cafc/17-1410/17-1410-2018-07-27.html
Code Sec. 45B
S corporation could not revoke FICA tax election solely on request of shareholder. Caselli v. CIR, T.C. Memo. 2018-81, (USTC), 2018-06-12
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11674
Code Sec. 45R
Employers without shop marketplace plans receive health insurance credit relief; Hawaii employers denied credit. Notice 2018-27, IR-2018-108, (IRS), 2018-04-27
https://www.irs.gov/pub/irs-drop/n-18-27.pdf
Code Sec. 45S
Comprehensive guidance on paid family and medical leave credit allows retroactive written policies. Notice 2018-71, (IRS), 2018-09-24
https://www.irs.gov/pub/irs-drop/n-18-71.pdf
Code Sec. 42(h)
2018 inflation adjustment amounts modified. Rev. Proc. 2018-22, (IRS), 2018-04-13
https://www.irs.gov/pub/irs-drop/rp-18-22.pdf
Code Sec. 36B
Individual’s tax liability increased by amount of disallowed credit. Keel v. CIR, T.C. Memo. 2018-5, (USTC), 2018-01-16
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11539
Married couple not entitled to advanced premium tax credit. Grant v. CIR, T.C. Memo. 2018-119, (USTC), 2018-08-01
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11719
Married couple’s tax liability increased by amount of disallowed credit. Palafox v. CIR,T.C. Memo. 2018-124, (USTC), 2018-08-07
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11727
Taxpayer not entitled to premium tax credit. Gartlan v. CIR, T.C. Summary Opinion 2018-42, (USTC), 2018-09-11
https://www.ustaxcourt.gov/ustcinop/OpinionViewer.aspx?ID=11759