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Lesson From The Tax Court: TP Did Not File Return By Giving Copy To IRS Employee

(TaxProf Blog) - Sometimes a taxpayer will give an IRS employee a copy of a return they claim was previously filed. Does that constitute the filing of a return? Well, it depends.


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Tax Debt from Late Return is Held Discharged 
(JofA) - A bankruptcy court holds that the taxpayers’ return was an honest and reasonable attempt to comply with the tax law.

Best Organizations Report Consolidated Financials in 4 Days: Metric of the Month 
(CFO) - Monthly consolidated financials need to be prepared within a few days to be of use to operational leaders.

IRS offers Simpler Way for Estates to Extend Time to File for Tax Exclusion 
(Accounting Today) - The Internal Revenue Service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion beyond the fifth anniversary of their spouse’s death.

Treasury Yields Ease Lower Ahead of Inflation 
(CNBC) - U.S. Treasury yields were slightly lower Monday as traders continued to digest strong numbers in the latest jobs report and looked ahead to inflation figures due out later this week.

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