By Kelly Hanley, Esq., Chicago Tax Attorney One area of tax law and policy that has recently garnered significant attention involves the taxation of state paid leave programs. Since the early 2000s, over a dozen…
By Kelly Hanley, Esq., Chicago Tax Attorney Tax law is replete with complexities and nuances, a reality starkly illuminated in the recent case of Cortez v. IRS. This case offers lessons for taxpayers and underscores…
By Kelly Hanley, Esq., Chicago Tax Attorney As the agency responsible for executing Congress’s will, the Internal Revenue Service (IRS) often finds itself at the crossroads of legislative changes and administrative challenges. One such recent…
By Kelly Hanley, Esq., Chicago Tax Attorney As a seasoned Chicago tax attorney, I have seen firsthand how the intricacies of tax administration can impact both taxpayers and tax professionals. One aspect often overlooked is…
In a landmark decision that has sent ripples through the tax community, a 2023 U.S. Tax Court ruling, Farhy v. Commissioner, has called into question the longstanding practices of the IRS regarding the imposition of…
By Kelly Hanley, Esq. In an unprecedented move to alleviate the financial strain caused by the COVID-19 pandemic, the Internal Revenue Service (IRS) has announced a significant penalty relief initiative. This initiative aims to aid…
The Internal Revenue Service (IRS) has recently taken a significant step in combating fraudulent tax practices by disallowing over 20,000 Employee Retention Credit (ERC) claims. This move underscores the IRS’s commitment to maintaining the integrity…
By Kelly Hanley, Esq., Tax Attorney Introduction Dealing with tax issues can be challenging, especially when faced with a CP504 Notice from the Internal Revenue Service (IRS). This notice, formally titled “Notice of Intent to…
Introduction E-commerce has seen a significant shift recently, especially concerning the IRS reporting rules. This change affects millions of Americans who engage in business transactions through popular e-commerce platforms like PayPal, Cash App, Venmo, and…
The Internal Revenue Service (IRS) is undergoing a digital transformation with its Paperless Processing Initiative, aiming to make tax filing and correspondence entirely digital by 2025. While this initiative promises to streamline the tax filing…