The IRS can pursue your family for unpaid employment taxes even after you’re gone. In United States v. Guy, 5-23:cv-500 (E.D.N.C.), the government sued a deceased…
The IRS is replacing its First Time Abate (FTA) program with Automatic Exemption from Penalty (AEP), eliminating the need for many compliant taxpayers to request penalty…
What is the Tax Basis of Artwork Transferred by a Museum to an Artist’s Descendants? Before the Civil War, a slave named Dave was a potter…
Kim Tyson was recently quoted in a Bloomberg Law News article “Six Years in: What Lawyers Want From Tax Court’s DAWSON System” by James Matheson. Bloomberg…
“Blind reliance on AI…may constitute unreasonable reliance” under Circular 230, the standards for tax practice before the Internal Revenue Service. Recently, the IRS Office of Professional…
On June 10, the Tax Court issued a memorandum opinion in Wells v. Commissioner, T.C. Memo. 2026-49. In 2016, Mr. Wells was a partner of Chamberlain,…
How a “Gift Letter” (Contemporaneous Written Acknowledgment or CWA) Failed the Strict Substantiation Requirements in the Tax Code May 15, 2026 – This week, the Tax…
Is the Fourth Time a Charm? The IRS is now offering a fourth settlement initiative for eligible taxpayers involved in syndicated conservation easement disputes. This offer,…
K. Tyson Law is excited to announce that Karin Gross was elected as a Fellow of the American College of Tax Counsel (ACTC) at the meeting…
In this Tax Notes article, Kim Tyson and Karin Gross provide a framework to analyze whether a land trust that receives easements from passthrough entities may…