IRS Releases New Guidance on Voluntary Tax Disclosures
A bedrock of IRS administrative practice has been the voluntary disclosure. Where an individual or business has not filed tax returns or believes they may…
Examinations, Audits and Appeals
South Carolina Tax Litigation Update: First Quarter 2018
There were several notable state tax opinions issued by the South Carolina Administrative Law Court, Court of Appeals, and Supreme Court in the 1st quarter…
Appealing A South Carolina State Tax Case: Payment Or Bond?
Taxpayers who disagree with a proposed tax assessment issued by the South Carolina Department of Revenue (SCDOR or DOR) may or may not be able…
Currently Not Collectible Taxes: What Do You Do? (Part 4)
If an individual or business owes federal taxes and does not have the current ability to pay these taxes, the IRS can consider placing the…
South Carolina Tax Amnesty for 2017?
The South Carolina General Assembly approved a law in 2015 allowing the South Carolina Department of Revenue to offer an amnesty program to taxpayers in…
South Carolina Department of Revenue Audit Appeals
Once the South Carolina Department of Revenue (SCDOR) completes an audit of a taxpayer, if there are any proposed adjustments and additional taxes SCDOR seeks,…
The End of an Era: IRS Ends In-Person Settlement Conferences
Taxpayers often have disputes with the IRS, whether through an income tax audit or as a result of actions by IRS officials to collect federal…
Are You a Resident of South Carolina?
Residents of South Carolina are required to file an income tax return, even if they do not earn income in the state. A resident is…
South Carolina Form 2848, Power of Attorney and Declaration of Representative: Differences Between the State and Federal Forms
South Carolina requires submission of a Form SC2848, Power of Attorney and Declaration of Representative, in order for an attorney, CPA, or enrolled agent to…
Buyer Beware: South Carolina Unemployment Insurance Taxes
Many businesses are purchased in South Carolina every year. Many of these same businesses, however, have high worker unemployment claims, and are paying high South…