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Results: 1-7 of 7

‘They’re charging me with a crime?’ failures to pay over employment taxes are increasingly the subject of criminal charges

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • October 6 2011

Failures by a responsible person to pay over federal employment taxes formerly were handled almost exclusively through the imposition of penalties under sections 6672 and 3505 of the Internal Revenue Code strictly as matters of civil liability

The final 2010 Schedule UTP: what does it mean for corporate taxpayers?

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • October 6 2010

On September 24, 2010, IRS Commissioner Douglas Shulman, addressing the American Bar Association's Joint Meeting of the Tax Section and Real Property Trusts & Estates Section in Toronto, announced that IRS was releasing the final version of Schedule UTP for the 2010 tax year, its Instructions, plus further guidance

Six months later IRS issues only limited interim guidance on codified economic substance doctrine

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • September 27 2010

On September 13, 2010, the Internal Revenue Service (IRS) issued Notice 2010-62 (the "Notice"), providing interim guidance on the application of the codified economic substance doctrine and related penalty provisions

Quality Stores: the taxpayer wins again on tax refund for severance pay

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • March 18 2010

On February 23, 2010, the taxpayer won its FICA tax refund suit for severance again in Quality Stores when its bankruptcy court victory was affirmed

Are you prepared? Big changes coming for federal tax return preparers

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • January 19 2010

In the past few weeks, the Internal Revenue Service (IRS) made two major announcements affecting federal income tax return preparers

Tap your past income taxes paid for your capital needs: the new net operating loss (NOL) carryback rules

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • November 12 2009

President Obama on November 6, 2009 signed into law the Worker, Homeownership, and Business Assistance Act of 2009, expanding and extending the rules governing a business’s deduction for a net operating loss (NOL) carryback

Are you ready for an IRS employment tax audit?

  • Greenberg Traurig LLP
  • -
  • USA
  • -
  • October 1 2009

Beginning in 2010 Internal Revenue Service (IRS) officials recently stated that the IRS will randomly audit approximately 6,000 U.S. employers for employment tax compliance and proper worker classification