» Tax News
2nd Circuit Agrees: IRS Can Assess Foreign Business Reporting Penalties
Over the last couple of years, the United States Tax Court has been ruling in favor of taxpayers facing assessments for failure to report their foreign business interests. Tax Court judges have issued rulings saying that lawsuits, rather than assessm…
Read More
Categories: Tax News
Share
IRS Can’t Collect FBAR Penalty from Spy’s Widow, Ninth Circuit Says
March 9th, 2026
IRS Can’t Collect FBAR Penalty from Spy’s Widow, Ninth Circuit Says What happens to FBAR penalties when a person dies? In a case that seemed to be pulled from a spy thriller, the Ninth Circuit Court recently held that, while the IRS could collect…
Read More
Categories: FBAR
How Long Does a Restitution Lien Last?
February 5th, 2026
If you are working to pay off unpaid restitution penalties, it can seem like the collection period will go on forever. Compounding interest and penalties, not to mention new liabilities incurred in the meantime can mean even regular payments don’t…
Read More
Categories: Tax / IRS Penalties
Update: 11th Circuit Agrees Tax Court Can’t Hear FBAR Penalty Cases
January 9th, 2026
Knowing where to file your tax challenge and which procedure to follow is essential to getting timely and effective relief when the IRS imposes incorrect assessments, penalties, or collections. A recent United States Circuit Court decision from the E…
Read More
Categories: Tax News
Tax Court Divided on Equitable Tolling of TEFRA Partnership Adjustments
December 2nd, 2025
Under the 1982 Tax Equity and Fiscal Responsibility Act (TEFRA), one partner in a business can face substantial fines and penalties for the poor tax choices of another partner. A recent United States Tax Court case, North Wall Holdings, LLC v IRS, as…
Read More
Categories: Tax News
8th Circuit Blocks IRS Blocked-Income Regulation
November 10th, 2025
Complex international businesses file complicated tax returns, and the IRS often uses regulations to reallocate income among subsidiaries to reflect the company’s true income. But a recent 8th Circuit Court of Appeals decision says it can’t do th…
Read More
Categories: Tax News
What Happens to Tax Liens After Bankruptcy and Foreclosure?
October 9th, 2025
If you have fallen behind on several of your debts, tax liens may only be one part of your financial difficulties. When unpaid debts pile up, you could end up facing tax liens, bankruptcy proceedings and foreclosures, sometimes all at once. But what…
Read More
Categories: Tax / IRS Penalties
Sixth Circuit Says Deficiency Petition Deadline is Not Jurisdictional
September 4th, 2025
Everything in IRS tax collection comes with deadlines. This includes the 90-day tax deficiency petition deadline. But is there anything you can do if you miss that deadline and file your petition with the Tax Court late? The Sixth Circuit Court of Ap…
Read More
Categories: Tax News
When Does the IRS Have to Withdraw Its Notice of Lien?
August 7th, 2025
If you have a substantial tax debt, you may be considering your options to avoid a federal tax lien. Offers in compromise, installment payments, and other settlement options can help you resolve your tax debt. But at what point does the IRS have to w…
Read More
Categories: IRS Audits
Supreme Court Limits Tax Court’s Jurisdiction Over Tax Disputes
July 7th, 2025
Should the IRS have the power to strip the Tax Court of jurisdiction over a taxpayer’s case just by withdrawing its levy? The Supreme Court of the United States’s decision in Commissioner of Internal Revenue v Zuch looked at whether the Tax Court…
Read More
Categories: Tax News
