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Episode 160: Client Deadlines

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Manage episode 300928378 series 2401308
Content provided by Omeed Firouzi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omeed Firouzi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Andrew Belter and William Schmidt have a discussion on two items regarding client deadlines in taxes.

-What to do when a client shows up with a short deadline for the IRS or Tax Court? This might put an attorney in a bind regarding the work to do in a short amount of time. Entering an appearance in court is easy for an attorney to do, but requires the judge’s approval to for the attorney to withdraw from the case. In other instances, there may be a scramble to file paperwork to the IRS. What are some considerations necessary to trust the client?

-Also, there is the issue of premature assessments. The U.S. Tax Court is backed up on processing petitions they have received. In the meantime, the IRS has not received notices that those petitions were filed. Their Collections department may then believe there is no petition and incorrectly send out a notice regarding the deficiency. To address this issue, there is an email address to contact and provide your case number in the situation: taxcourt.petitioner.premature.assessment@irs.gov

Here is the recent press release from the Tax Court on premature assessments: 08162021.pdf (ustaxcourt.gov)

  continue reading

108 episodes

Artwork
iconShare
 
Manage episode 300928378 series 2401308
Content provided by Omeed Firouzi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omeed Firouzi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Andrew Belter and William Schmidt have a discussion on two items regarding client deadlines in taxes.

-What to do when a client shows up with a short deadline for the IRS or Tax Court? This might put an attorney in a bind regarding the work to do in a short amount of time. Entering an appearance in court is easy for an attorney to do, but requires the judge’s approval to for the attorney to withdraw from the case. In other instances, there may be a scramble to file paperwork to the IRS. What are some considerations necessary to trust the client?

-Also, there is the issue of premature assessments. The U.S. Tax Court is backed up on processing petitions they have received. In the meantime, the IRS has not received notices that those petitions were filed. Their Collections department may then believe there is no petition and incorrectly send out a notice regarding the deficiency. To address this issue, there is an email address to contact and provide your case number in the situation: taxcourt.petitioner.premature.assessment@irs.gov

Here is the recent press release from the Tax Court on premature assessments: 08162021.pdf (ustaxcourt.gov)

  continue reading

108 episodes

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