Feature Article 
How to Handle Foreign Informational Form Penalties
It was approximately two years ago when the tax law equivalent of a 7.0 earthquake came in the form of a decision from the United States Tax Court when it issued its decision in the case of Farhy v. Commi... David Woods, EA, USTCP, NTPI Fellow®
Fall 2025,
Feature Article,
collection due process, §6038, §6751(b), Form 8938, §6330, Form 926, Form 5471, Form 8865, Form 3520, Form 5472, §6201(a), Farhy v. Commissioner, §6038(a), §6038(b), Mukhi v. Commissioner, §6038(c), Safdieh v. Commissioner, first-time abatement, foreign informational form penalty
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