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In the National Taxpayer Advocate’s recent report to Congress, violations of the “Taxpayer Bill of Rights” are frequently referenced.  What real force do these protections have? June 10, 2014, the IRS announced its formal adoption of the “Taxpayer Bill of Rights,” which was the top priority of the National Taxpayer Advocate, Nina Olson, in her […]

The Taxpayer Advocate’s Annual Report to Congress, made January 14, 2015, assesses IRS performance on taxpayer rights and identifies the most serious problems encountered by taxpayers. Pursuant to those identified performance issues, the report also makes legislative recommendations. The report itself is brimming with fascinating data and insight into the workings of the IRS, but […]

Prior to July 1, 2014, U.S. residents with unreported offshore income had few options to come into compliance. The Offshore Voluntary Disclosure Program (OVDP), with its tiered penalty structure and intricate provisions, was the only IRS-sanctioned route to compliance. There was no differential treatment of willful versus non-willful conduct; if the 27.5% standard penalty was […]

The Federal Tax Institute of New England will recognize Attorney Richard G. Convicer with its achievement award for his service to clients and the Bar and to the development of sound tax law at the Institute’s Luncheon on September 28. Attorney Convicer was selected for his successful dealings with tax controversies and litigation with the […]

Attorneys Richard Convicer and Bob Percy will be presenting on Tax 101: A Guide to Issues in Everyday Transactions at the CBA Annual Meeting on June 11, 2012.  Topics covered will include Divorce and Family Law issues, Settlements and Awards, and Real Estate Transactions.

The Internal Revenue Service (“IRS”) announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making Installment Agreements available to more people. The changes include: Certain taxpayers who have been unemployed for 30 days or longer will be able to […]

Convicer & Percy, LLP will teach a course for the Connecticut Bar Association in New Britain, Connecticut on March 21, 2012 on IRS and Connecticut Tax Procedure.  Topics will include audits, appeals, litigation, collection and criminal tax enforcement.

  The Internal Revenue Service yesterday reopened the offshore voluntary disclosure program to help people hiding offshore accounts get current with their taxes and announced the collection of more than $4.4 billion so far from the two previous international programs. The IRS reopened the Offshore Voluntary Disclosure Program (OVDP) following continued strong interest from taxpayers […]

The Internal Revenue Service today released a new set of tax gap estimates for tax year 2006. The tax gap is defined as the amount of tax liability faced by taxpayers that is not paid on time. The new tax gap estimate represents the first full update of the report in five years, and it […]

The Internal Revenue Service today released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability. A Notice proposing a new revenue procedure, posted today on IRS.gov, revises the threshold requirements for requesting equitable relief and revises the factors used by the IRS in evaluating these requests. […]