Kevin Spencer
Subscribe to Kevin Spencer's PostsKevin Spencer focuses his practice on tax controversy issues. Kevin represents clients in complicated tax disputes in court and before the Internal Revenue Service (IRS) at the IRS Appeals and Examination divisions. In addition to his tax controversy practice, Kevin has broad experience advising clients on various tax issues, including tax accounting, employment and reasonable compensation, civil and criminal tax penalties, IRS procedures, reportable transactions and tax shelters, renewable energy, state and local tax, and private client matters. After earning his Master of Tax degree, Kevin had the privilege to clerk for the Honorable Robert P. Ruwe on the US Tax Court. Read Kevin Spencer's full bio.
Weekly IRS Roundup April 8 – April 12, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Apr 15, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 8, 2024 – April 12, 2024. April 8, 2024: The IRS released Internal Revenue Bulletin 2024-15, which includes the following: Announcement 2024-15, which revokes the § 501(c)(3) determination for specified organizations and stipulates that contributions...
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Weekly IRS Roundup April 1 – April 5, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Apr 11, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 1, 2024 – April 5, 2024. April 1, 2024: The IRS released Internal Revenue Bulletin 2024-14, which includes the following: Notice 2024-29, which provides updates on the corporate bond monthly yield curve, the corresponding spot...
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Weekly IRS Roundup March 25 – March 29, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Apr 2, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 25, 2024 – March 29, 2024. March 25, 2024: The IRS released Internal Revenue Bulletin 2024-13, which includes the following: Notice 2024-28, which invites the public to submit items they want included in the 2024-2025...
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Weekly IRS Roundup March 18 – March 22, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Mar 28, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 18, 2024 – March 22, 2024. March 18, 2024: The IRS released Internal Revenue Bulletin 2024-12, which includes the following: Notice 2024-26, which announces that withholding agents (both US and foreign persons) are administratively exempt...
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Can the IRS Assert IRC Section 6676’s Erroneous Refund Penalty on Protective Refund Claims?
By Kevin Spencer, Edward L. Froelich and Samuel J. Preston on Mar 25, 2024
Posted In IRS Audits, IRS Guidance, Tax Refunds
We once again want to bring to your attention the Internal Revenue Service’s (IRS) new favorite penalty provision: Internal Revenue Code (IRC) Section 6676. We have reported on this provision several times before (See here, here and here), but this time we’re analyzing it in the context of protective refund claims. As background, IRC Section...
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Weekly IRS Roundup March 11 – March 15, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Mar 18, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 11, 2024 – March 15, 2024. March 11, 2024: In Internal Revenue Bulletin 2024-11, the IRS released Announcement 2024-10, which provides that replacement of lead service lines by government entities does not result in income...
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Weekly IRS Roundup March 4 – March 8, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Mar 12, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 4, 2024 – March 8, 2024. March 4, 2024: The IRS released Internal Revenue Bulletin 2024-10, which includes the following: Revenue Ruling 2024-6, which provides that the overpayment interest rate under § 6621 of the...
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Margie Rollinson Becomes First Female IRS Chief Counsel
By Kevin Spencer on Mar 7, 2024
Posted In Uncategorized
On March 6, 2024, the Internal Revenue Service (IRS) announced that Margie Rollinson has been sworn in as the 49th chief counsel, making her the first female to take on the role. The position has been vacant since Michael Desmond stepped down on January 20, 2021. It took nearly a year for the US Senate...
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Weekly IRS Roundup February 26 – March 1, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Mar 6, 2024
Posted In IRS Guidance, Tax Reform, Tax Refunds
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 26, 2024 – March 1, 2024. February 26, 2024: The IRS released Internal Revenue Bulletin 2024-9, which includes the following: Announcement 2024-11, which shares recent disciplinary sanctions involving lawyers, certified public accountants, enrolled agents, enrolled...
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IRS Announces New Audit Initiative Focused on Jet Airplane Usage
By Kevin Spencer and Evan Walters on Mar 1, 2024
Posted In IRS Audits
On February 21, 2024, the Internal Revenue Service (IRS) announced a new initiative to audit the use of airplanes by corporations, large partnerships and high-net-worth individuals. While the IRS has always examined plane usage, this new focus aligns with recent IRS messaging that corporations and high-income taxpayers are not paying their “fair share” of tax...
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