Court Order Leaves Audit Shield Addendum Intact
Note that following the court order doesn't change anything about the no-audits addendum, which the court order doesn't touch. More below in my weekend story on potential challenges to the audit shield.
IRS Court Victory Expands Power to Challenge Dubious Deals
New from me today: IRS gets a big victory in court over Liberty Global's "Project Soy" maneuver. The ruling could help the government attack business transactions it deems dubious. Link below:
Back on WAMU's 1A: Tax Season Insights
Was a treat to be back on the 1A show at WAMU this morning, talking about tax season and the IRS: https://t.co/00ruApRBSf
Cutting IRS Enforcement Costs Costs the Treasury
No peeking/cheating for this guessing game if you already read my story. Who said this about IRS? "Reductions in enforcement spending create missed opportunities and lost revenue for the United States, as compliance activities generate more revenue than their operating costs."