Massachusetts Department of Revenue Point of Sale System Audits

Boston Tax Attorney IRS Audit
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 ...
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IRS Appeals Office to Conduct In-person Conferences Again

IRS Collection Dispute McMahon & Associates Boston Tax Attorney
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...
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Sean McMahon, Eric Rietveld and Elissa Sneider Named to Massachusetts Super Lawyers List

D. Sean McMahon Super Lawyers
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...
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Sean McMahon to Speak on IRS Collections Panel at Tax Controversy Conference

D. Sean McMahon Boston Tax Attorney
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...
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McMahon & Associates’ Client Wins Appeal in Tax Case

D. Sean McMahon Boston Tax Attorney
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...
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ABA 31st Annual National Institute on White Collar Crime

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!
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Court Authorizes IRS to Seek the Identities of U.S. Taxpayers Who Have Used Virtual Currency

Boston Tax Attorney Blog Money
A federal court has granted the Internal Revenue Service (IRS) authority to serve a John Doe summons on Coinbase Inc., seeking information about U.S. taxpayers who conducted transactions in a convertible virtual currency during the years 2013 to 2015. IRS Definition of a John Doe Summons In the typical scenario, the IRS issue a summons to a third party to obtain information regarding a specific taxpayer whose identity is known. In contrast, a John Doe summons allows the IRS to obtain informati...
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Justice Department Reaches Final Resolutions Under Swiss Bank Program

Tax investigation
In a press release, the Department of Justice announced that “it has reached final resolutions with banks that have met the requirements of the Swiss Bank Program.  The Program provided a path for Swiss banks to resolve potential criminal liabilities in the United States, and to cooperate in the Department’s ongoing investigations of the use of foreign bank accounts to commit tax evasion.  The Program also provided a path for those Swiss banks that were not engaged in wrongful acts but nonethele...
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Lavish Holiday Shopping May Get You into Trouble with the IRS

Boston Tax Attorney Blog Money
Your lavish spending on Black Friday, Cyber Monday and the holidays could land you in trouble with the Internal Revenue Service (IRS). Extravagant purchases may indicate to the IRS that you have not fully reported all of your income on your tax returns. IRS agents can perform examinations to determine whether your extravagant lifestyle is inline with your reported income. If the IRS spots you driving that new Tesla you purchase for your wife as a gift, you could be subject to an IRS examinati...
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33rd Annual National Institute on Criminal Tax Fraud and the Sixth Annual National Institute on Tax Controversy

Bill Lovett and Sean McMahon will be attending the 33rd Annual National Institute on Criminal Tax Fraud and the Sixth Annual National Institute on Tax Controversy. We hope to see you there! Date: December 7-9, 2016 Location: Las Vegas, NV Register Here This program brings together high-level government representatives, judges, corporate counsel, and private practitioners engaged in all aspects of tax controversy, tax litigation, and criminal tax defense. Curriculum topics include:...
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