by Lynam Knott | Nov 6, 2013 | Aggressive Tax Positions, Criminal Fines, Department of Justice, Taxpayer Underpayment
Tax shelters are an on-going battle for the IRS and the Department of Justice with large amounts of money at stake for the government, the taxpayer, and possibly for a knowledgeable whistleblower. Tax shelter cases involve schemes that attempt to manipulate...
by Lynam Knott | Oct 28, 2013 | Aggressive Tax Positions, Offshore Assets, Taxpayer Underpayment, Uncertain Tax Positions
Kudos to Martin Sullivan, Chief Economist and Contributing Editor at Tax Analysts who had a nice piece in the Washington Post published about him over the weekend. I’ve always admired Marty’s ability to cut through the political BS and revenue...
by Lynam Knott | Oct 16, 2013 | Administration of Whistleblower Claims, Award Determinations, Judicial Review
On October 15, 2013, the United States Supreme Court issued an order denying certiorari of O’Donnell v. Commissioner, a case where summary judgment was granted by the Tax Court, and affirmed on appeal, because the information provided did not cause the IRS to...
by Lynam Knott | Oct 8, 2013 | Contributor Updates
In case you haven’t checked out our firm’s tax or main websites lately you may not be aware that we’ve moved into new offices in both Washington DC and in Miami FL. We are pleased to announce that we have relocated both offices to the...
by Lynam Knott | Sep 30, 2013 | Administration of Whistleblower Claims, Award Determinations
The IRS Whistleblower Office renewed its position that awards under section 7623 are subject to the automatic sequester cuts, on its website, stating that: Pursuant to the requirements of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended,...
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