texastaxtalk.com - Dollars & Sense | Gray Reed

Description: Dollars & Sense is a resource for developments, commentary and analysis relating to state and federal tax issues.

Example domain paragraphs

The IRS, like the rest of society, has faced several challenges as a result of the pandemic. Some of those challenges are still lingering, such as funding, backlog, lack of guidance and inexperienced auditors. Efforts to fix these problems are underway but will take time. As taxpayer advisors, it’s important to recognize the limitations in the current system, navigate them effectively for clients and help with the efforts to fix the problems permanently.

Gray Reed’s Joshua Smeltzer , a former litigator for the U.S. Department of Justice – Tax Division, discusses all of these challenges and what CPAs need to know when it comes to guiding clients through audits in the September/October issue of Today’s CPA . Click here for the full article.

Former Trump Organization Finance Chief Allen Weisselberg pled guilty last week to 15 felonies for what he admitted was a tax fraud scheme he committed while an executive for Trump’s company. Law360 covered the story and quoted Gray Reed Partner Tony Box multiple times. Tony is a former Assistant US Attorney and tax coordinator responsible for leading federal tax investigations and prosecutions in the Eastern District of Missouri. He’s also a CPA and former FBI agent who handled a broad range of white-colla

Links to texastaxtalk.com (4)