IRS Issues Revised Audit Technique Guide for Cost Segregation Analysis
Peter J. Scalise
On June 9th, the Internal Revenue Service (hereinafter the “Service”) issued a revised Audit Technique Guide to assist examining agents in evaluating the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions. These far reaching updates were needed due to the vast changes in the tax...
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214 in Congress Support IRS Penalty & Collection Relief Coalition
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Everything You Need to Know About Form 1099-NEC
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IRS Chief Counsel Signals Increased Tax Enforcement
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Top 1% of Taxpayers Pay More Taxes Than the Bottom 90% Combined
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Tax Law Struggles to Keep Pace with the Proliferation of Cryptocurrency
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Snowbirds: Establishing Residency for Income Tax Purposes
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New Form 1099-NEC for Reporting Non-employee Compensation Only
Last year, the IRS released a new form – Form 1099-NEC. This form is still in use for 2021. While…
