On December 23rd, the US Court of Appeals - Fifth circuit reinstated the BOI (Beneficial Ownership information) filing requirement. The reinstatement made a few changes to the reporting deadlines which in many cases is now January 13th 2025 (instead of January 1st, 2025). As a result, you are now required again to file the BOI
In the IRS Tax Tip 2024-47, it presents the option of reaching out to the Independent Office of Appeals when there is a disagreement with the IRS. Note that this is a relatively informal process where you start with a written letter / petition, then, an officer of Appeals listen to your case (you can
As published on IR-2024-119 on April 24th, 2024, " The Internal Revenue Service Independent Office of Appeals today announced the formation of a new Alternative Dispute Resolution Program Management Office. This office will collaborate with the IRS Business Operating Divisions to help taxpayers resolve tax disputes earlier and more efficiently." "...For years, the IRS has
