2024-04-29 No Minimum Attention Required for Supervisor Approval of Penalties per Tax Court

This week we look at:

  • Final regulations issued on credit transfer provisions of the Inflation Reduction Act
  • Tax Court rules the law does mandate a minimum level of attention by a supervisor when approving a proposed penalty
  • IRS announces the end of the Direct File pilot and will announce the next steps shortly

Copyright 2024, Kaplan Financial Education

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