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…
May 11, 2026 – The IRS can reduce taxes, interest, and penalties (civil or criminal) through an offer-in-compromise (i.e., an “OIC”). An OIC is an offer…
Olive Picking is a painting by Vincent van Gogh. In it, he used his signature brush lines to capture women picking olives in an olive grove….
Welcome to our first in a series of posts about the tax rules for claiming a federal income tax deduction for conservation easements. The information in…
Although the nuances of conservation and preservation efforts have changed, North Carolinians and their elected officials have demonstrated a commitment to protecting the lands and historic…
The recent “innocent spouse” tax case of Zaheen v. Commissioner, T.C. Memo. 2026-7, is noteworthy in two respects. One, it reminds us that abuse permeates socioeconomic…
Feb. 9, 2026 – Today, the IRS released Revenue Procedure 2026-12 in Internal Revenue Bulletin 2026-7 regarding adequate disclosure to avoid certain penalties. What does it…
Article reposted from Bloomberg Tax website, written by Erin Schilling. Link to original article here. The IRS plans to offer a final settlement offer for conservation…