EisnerAmper Tax Blog

Blogs October 21, 2019 Taking on the Power (Or Not)

A discussion of the two alternatives that can be used when practitioners interact with the IRS on a taxpayer’s behalf: Form 8821(Tax Information Authorization) and Form 2848 (Power of Attorney).

Blogs October 17, 2019 Currently Not Collectible – A Taxpayer’s Shield

The author discusses Form 433, one of the defense mechanisms for taxpayers from whom the IRS is trying to collect.

Blogs October 10, 2019 The Dreaded CP2000 Notice

A discussion of the process to follow when receiving a CP2000 notice from the IRS.

Blogs October 02, 2019 Benefits of a Collection Due Process Hearing

A discussion of the taxpayer’s process and each parties’ responsibilities in a collection due process hearing.

Blogs September 23, 2019 Expensing Inventory Under the Small Business Exception

A post regarding Footnote 465, which discusses using the de minimis safe harbor election of Treas. Reg. sec. 1.263(a)–1(f) to can expense “inventory” items when paid. Readers will receive basic instruction as well as insight into the process.

Blogs September 19, 2019 Types of Levies

A quick discussion and examples of the two types of tax levies including continuous and regular.