A quarterly magazine from the National Association of Enrolled Agents
Winter 2024 vol.42 no.4
Reliance on a Tax Preparer to e-File a Return Is Not Reasonable Cause
Tax News Briefs

Reliance on a Tax Preparer to e-File a Return Is Not Reasonable Cause

Taxpayers are subject to a late filing penalty under Internal Revenue Code (IRC) §6651(a)(1), unless the delay is due to reasonable cause and not willful neglect. The Supreme Court in Bo... TheTaxBook

Fall 2024, Tax News Briefs, §6651(a)(1), e-signature, Boyle, Form 8879, e-file, late filing penalty
Important Tax News You Can Use
Tax News Briefs

Important Tax News You Can Use

Penalty Relief for 2019 and 2020 Tax Returns The Internal Revenue Service (IRS) is providing relief for taxpayers from certain failure-to-file penalties with respect to tax returns for the ... TheTaxBook

Nov/Dec 2022, Tax News Briefs, foreign, penalty, relief, COVID-19, PPP, SECURE Act, Form 1040, §6651(a)(1), Form 5471, Form 3520, Form 3520-A, RMD, Form 1040-NR, Form 1040-SS, Form 1040-PR, Form 1040-SR, Form 1040-C, Form 1041, Form 1041-N, Form 1040-QFT, Form 1120, Form 1120-C, Form 1120-F, Form 1066, Foem 990-PF, Form 990-T, international information returns, IIR, Form 5472, §6698(a)(2), §6698(a)(1), §6699(a)(2), §6699(a)(1), §6721(a)(2)(A), Setting Every Community Up for Retirement Enhancement Act, livestock, drought, Notice 2006-82, Notice 2022-43
Assessable Penalties and Abating Them
Feature Article

Assessable Penalties and Abating Them

The United States federal tax system operates on a system of somewhat voluntary compliance. However, human nature being what it is, a voluntary system without a means of enforcement lends itself to fraud, ignorance, and disregard. I... David Woods, EA

Sept/Oct 2021, Feature Article, §199A, penalties, fraud, §6038, §6662, accuracy-related penalty, Form 8858, Form 8938, §6651(a), §6651(a)(1), §6651(a)(2), §6663, Form 926, Form 5471, Form 8865, Form 3520, Form 3520-A, §6662(j), abatement, §6038D