IRS continues pursuit of foreign reporting violations *

USA - January 16 2013
In recent years, the Internal Revenue Service (IRS) and the U.S. Department of Justice (DOJ) have increased their pursuit of individuals who failed…

Co-authors: J. Andrew P. Stone, Astrid B. Owen.

CCRC fees – a primer on the tax treatment of entrance and monthly fees *

USA - December 5 2012
Continuing care retirement communities are professionally managed retirement communities, many of which also function as long-term skilled nursing care facilities.

Co-authors: Roger J. Jones.

IRS reaffirms commitment to audits of high net-worth individuals *

USA - August 30 2012
In response to a report from the Transactional Records Access Clearinghouse (TRAC) criticizing its relatively new Global High Wealth Industry Group (GHW), the Internal Revenue Service (IRS) recently reaffirmed its commitment to reviewing returns of high net worth individuals and their related businesses and entities

Co-authors: Roger J. Jones.

Tax Court makes significant amendments to privilege and discovery rules *

USA - August 10 2012
Taxpayers under audit should be aware of significant amendments to the U.S. Tax Court's rules on work product protection and the discoverability of draft expert witness reports and certain communications between counsel and experts.

Co-authors: Robin L. Greenhouse.