[vc_row bg_type=”bg_color” bg_color_value=”#f5f5f5″ css=”.vc_custom_1618938311697{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-right: 1em !important;padding-left: 1em !important;}”][vc_column][vc_column_text el_class=”article-info”]by Steven Miller, former IRS Acting Commissioner and alliantgroup National Director of Tax, and…
On November 4, alliantgroup’s National Director of Tax and former IRS Acting Commissioner Steven Miller was quoted in the Daily Tax Report regarding a notice from the Service with respect to a significant number of micro-captive insurance arrangements.
Late last night, the House Ways and Means Committee Chairman, Congressman Brady (R-TX), put out aproposed two-year extenders bill (along with a significant number of other provisions) that appears to be “thedeal.”
The Senate’s recent vote of 79-20 to end the medical device tax has many using their replacement knees to jump up and down. Unfortunately, the dream is over and the reality is still with us. The Senate vote was on a budget resolution – the U.S. Senate’s answer to an air kiss.
The 2012 Republican presidential nomination contest brought taxes front and center. The subject of tax reform — not just tax rates — was part of our national political dialogue.
The IRS recently released its enforcement results for 2011. Based on a number of conversations with senior IRS officials, reviewing the statistics and what we are seeing first hand in our tax controversy practice at alliantgroup – one trend is clear (and will be continuing) — that the IRS is focusing greater resources on small and medium businesses.