U.S. District Court Rules Taxpayer’s Retained Expert’s Opinion Based on Inadmissible Hearsay Documents Is Admissible and Relevant to Determining Whether Taxpayer Owed Federal Income Taxes

Plaintiff, United States of America, (“plaintiff”) sought judgment against lead defendant James B. Hughes (“Hughes”)for his 1999, 2000, 2001, 2002, 2003, 2004 and 2006 federal income tax liabilities. Plaintiff also sought to establish and enforce federal tax liens on three properties belonging to lead defendant Hughes and his sister, co-defendant … Continue reading

In re Kevin Jerome Briggs: U.S. Bankruptcy Court Provides Guidance Whether Income Tax Related Debts Are Non-Dischargeable in a Chapter 7 Proceeding

On June 9, 2014, the United States Bankruptcy Court, Northern District of Georgia, Atlanta Division, granted in part and denied in part, Defendant Internal Revenue Service motion for summary judgment in the adverserial proceeding portion of a Chapter 7 case involving the debtor and plaintiff, Kevin Jerome Briggs, Sr., and … Continue reading

Changes to IRS Appeals Process

Effective Sept. 2nd, the IRS Office of Appeals is changing the way it handles appeals to examination decisions.   Pursuant to the new Appeals Judicial Approach and Culture (AJAC) project, IRS appeals officers are no longer going to function as examiners or investigators.  The IRS Office of Appeals will now Continue reading

A Recurring Problem with Benefit Plan Administration

A recurring problem in the world of benefit plan administration is an incorrect or unrevised beneficiary designation form. Many participants complete their beneficiary designations incorrectly because they don’t read the instructions carefully or don’t understand the instructions. Beneficiary designation forms are often filed away without review, and mistakes surface after … Continue reading

IRS Releases Supplemental Instructions for FACTA Compliance

“The IRS has released instructions for the requester of Forms W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, and W-8IMY, which supplement the instructions for those forms and help withholding agents and foreign financial institutions validate the forms for purposes of chapter 3 and the Foreign Account Tax Compliance Act requirements.  The instructions also … Continue reading

Tax Court holds Petitioner Cannot Exclude Social Security Benefits From Gross Income On Petitioner’s Income Tax Return

This case involved the technical confluence of the taxability of social security benefits and general non-taxability of private insurance disability benefits.  Petitioner applied for and began to receive long term disability benefits from a private insurer in 2007.  Petitioner’s insurance policy provided that petitioner’s benefits would be reduced if she … Continue reading

Congressional Research Service

The Congressional Research Service (CRS) works exclusively for the United States Congress, providing policy and legal analysis to committees and Members of both chambers of Congress, regardless of party affiliation.  As a legislative branch agency within the Library of Congress, CRS is a valued and respected resource on Capitol Hill. … Continue reading