Evan Walters
Subscribe to Evan Walters's PostsEvan Walters focuses his practice on US and international taxation. He has experience across a wide range of issues involving corporate and partnership taxation. Read Evan Walter'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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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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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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Weekly IRS Roundup February 19 – February 23, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Feb 29, 2024
Posted In IRS Audits, 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 19, 2024 – February 23, 2024. February 20, 2024: The IRS published Announcement 2024-12, which revokes tax-exempt status for the Chicago Cannabis Alliance and Keeping My Kids Inc. February 20, 2024: The IRS reminded farmers...
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Weekly IRS Roundup February 12 – February 16, 2024
By Kevin Spencer, Evan Walters and Jeremy Kass on Feb 21, 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 12, 2024 – February 16, 2024. February 12, 2024: The IRS released Internal Revenue Bulletin 2024-7, which includes the following: Revenue Ruling 2024-5, which provides that if one or more of a state’s allocations of...
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