IRS Completes Its 2022 ‘Dirty Dozen’ Tax Avoidance And Fraud List

Internal Revenue Service federal building Washington DC USA Getty The IRS has released its “Dirty Dozen” tax avoidance and fraud list for 2022, consisting of heavily promoted transactions likely to attract IRS scrutiny, consumer-focused fraud, and activities targeting high-net-worth individuals. “Dirty Dozen” activity tends to be most prevalent during the filing season. The IRS has…

IRS Wins Ruling On Reconsideration In CIC Services Case Which Cuts Practical Effect Of The Ruling To Almost Nothing

The Administrative Procedure Act (APA). getty We lasted visited the action by microcaptive manager CIC Services, LLC, against the IRS to vacate IRS Notice 2016-66, which essentially imposed tax shelter reporting requirements on captive owners and their advisors, in my article IRS Notice 2016-66 On Microcaptives Vacated By U.S. District Court On Procedural Grounds In…