Sales and Use Tax and Meals Tax Vendors - Beware of Your Point of Sale System
On March 3rd, 2016, the Massachusetts Department of Revenue (DOR) published Directive 16-1, which is aimed at Recordkeeping Requirements for Sales and Use Tax and Meal Tax Vendors that use Point of Sale (POS) Systems. While the recordkeeping requirements are germane and typical, the Directive also requires that the POS system utilized by the Vendor must “provide enough detail to independently determine the taxability ...
The Internal Revenue Service (IRS) will once again conduct in-person conferences for field office appeals if requested by a taxpayer.
This change in policy was announced by Andrew Keyso Jr., acting deputy chief of IRS Appeals at the recent American Bar Association tax section meeting in Austin, Texas and reported by Sony Kassam in Bloomberg BNA’s Daily Tax Report®.
Just last year in August 2016, the IRS changed its Internal Revenue Manual (IRM) making telephone conferences the default meth...
D. Sean McMahon, Eric Rietveld and Elissa Burton, from the Boston-based tax law firm McMahon & Associates, have been named to the 2017 Massachusetts Super Lawyers and Rising Star lists.
Sean McMahon - Massachusetts Super Lawyers List in Tax
Sean McMahon has been named to the 2017 Massachusetts Super Lawyers list in the tax area. He has been named to the list since 2013.
Sean McMahon specializes in IRS tax disputes, audits, and appeals. He is a former Senior Attorney with the Internal Re...
Tax attorney D. Sean McMahon is speaking on the “Collection: New IRS Techniques and Key Taxpayer Strategies” panel December 7, 2017 at the the 2017 ABA 34th Annual National Institute on Criminal Tax Fraud and 7th Annual National Institute on Tax Controversy.
The tax conference is an annual meeting of American Bar Association’s criminal tax defense bar. The program brings together high-level government representatives, judges, corporate counsel, and private practitioners engaged in all aspects...
May 31, 2017 marks the 10th anniversary of Lawyers Have Heart Boston
There is still time to sign up and race or support a runner Lawyers Have Heart
Lawyers Have Heart Boston is a 5K road race and summer celebration. Since 2008, Lawyers Have Heart in Boston has raised more than $2 million to benefit the American Heart Association and American Stroke Association in support of the organization’s mission to build healthier lives, free of cardiovascular diseases and stroke. More than 2000 members...
The United States Court of Appeals for the First Circuit ruled in favor of McMahon & Associates’ client, Robyn Baker, in a tax dispute involving the division of assets in a divorce. The case is United States v. Scott G. Baker, Robyn Baker.
The defendant, Scott G. Baker divorced his wife, Robyn Baker, in 2008 in order to fraudulently transfer assets and avoid some of his tax liability. The defendant owed more than $5 million dollars to the Internal Revenue Service (IRS) as a result of an a...
Public companies located closer to IRS offices are more likely to face an audit, and those companies also engaged in greater tax avoidance, according to a recent study.
Read more about the study in Roger Russell's article in Accounting Today.
The American Bar Association's (ABA) 31st Annual National Institute on White Collar Crime is March 8-10, 2017 in Miami, FL.
I will be there along with more than 1,200 other attorneys, judges, accountants and other professionals practicing in the white collar crime area.
Be sure to complete Matt Kaiser's ABA White Collar Conference Bingo Card and check out his guide to the conference.
See you at the Collora party!
Sharing IRS Press Release IR-2017-37, Feb. 17, 2017
WASHINGTON — The Internal Revenue Service today announced the conclusion of its annual "Dirty Dozen" list of tax scams. The annual list highlights various schemes that taxpayers may encounter throughout the year, many of which peak during tax-filing season. Taxpayers need to guard against ploys to steal their personal information, scam them out of money or talk them into engaging in questionable behavior with their taxes.
"We continue to ...
A U.S. taxpayer is suing Howard Stern and Howard Stern Production Company in Massachusetts District Court in Boston for airing her private call with an Internal Revenue Service (IRS) agent. Prior to taking the taxpayer's call, the IRS agent had called into the Howard Stern show and had been placed on hold. Somehow the lines crossed and the Howard Stern show broadcast the private call.
In a statement to WBZ, the IRS stated, “We are aware of this troubling situation, and we are currently reviewin...