Extra! Extra! Read All About It! IRS Commissioner Announces That Changes Are In the Offing For OVDP 2012
On June 3, 2014 the new IRS Commissioner, John A. Koskinen, gave a speech before the International Business – OECD International Tax Conference. His speech covered the history of the offshore enforcement initiative since the UBS debacle in 2009. His remarks acknowledge what most professionals in the tax community have recognized since the inception: that […]
May the Fourth (Amendment) Be With You – Part 2: The IRS Power To Execute Search Warrants and Subpoenas and Why You Need a Lawyer
In part one we discussed the IRS power to issue a summons in the pursuit of its mission. A summons empowers the IRS to access the records it needs to facilitate its investigation and collection of delinquent income taxes. However, if the taxpayer becomes the subject of a criminal investigation, the IRS can swear out […]
“May the Fourth Be With You” – Part 1: The IRS Power of Summons
This is part one of a two-part discussion of the powers of the IRS to conduct searches and seizures in its never-ending quest to shore up our government’s hemorrhaging coffers. The Fourth Amendment — alive and well today Anyone who believes that our Constitution with its Bill of Rights is just an outdated remnant of […]