Tax penalties

Saving Social Security; sued over an address; more 5471 opinions; and other highlights from our favorite tax bloggers.

AI is your friend; hope from Moore; the risks; and other highlights from our favorite tax bloggers.

The Tax Court approach in a recent case may produce a split among the circuit courts, and the Supreme Court may take a case to resolve the split.

Wolters Kluwer launched a Regulatory Violations Intelligence Index tracking penalties against U.S. financial services institutions.

The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

The crackdown on the potentially listed transactions could bring stiff penalties to both clients and tax advisors.

The IRS is providing penalty relief to billion-dollar corporations that haven't paid estimated taxes related to the new 15% corporate alternative tax.

The high court handed down rulings in FBAR penalty and state escheat cases.

What are the consequences for the service provider and client? And what is the protocol for fixing those types of mishaps?