Internal Revenue Code (IRC) section 7216 and its lengthy regulations govern when a tax return preparer may disclose or use a taxpayer's tax return information…
U.S. v. Marc Berger
A Cautionary Tale for Return Preparers
On December 14, 2018, former CPA Marc Berger was sentenced to eight months in prison after a federal jury convicted him on three counts of…
TPP | Avoiding the Worst-Case Scenario
The IRS’s Domestic Voluntary Disclosure Practice
Most CPAs are by now familiar with the IRS's heavily publicized Offshore Voluntary Disclosure Program (OVDP), which allows taxpayers with previously undeclared foreign assets to…
TPP | Filing Amended and Current Returns in Cases of Past Noncompliance
How Not to Make Matters Worse
When a CPA discovers a taxpayer's past noncompliance, there are both ethical and practical questions to answer. The last thing a CPA should want to…
This tax year is shaping up to be another memorable one, given last-minute changes to the tax law, as well as the IRS’s efforts to…