Tax Litigation Law Office of Scott Kauffman
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September 2018 Archives

Plea in offshore account case as IRS ends amnesty program

In 2010, a L.A. taxpayer failed to report more than one million dollars sitting in his Israeli Bank Leumi account on a FBAR (now FinCEN Form 114). He also requested that the bank refrain from mailing statements to the United States and tapped the funds through a loan scheme.

California bill seeks to align partnership audit procedures

The proposed change affects partnership tax returns when the IRS makes changes or corrections during a federal tax audit. The new step requires the partnership to notify the California Franchise Tax Board of the updates. S.B. 274 is on desk of Governor Jerry Brown after passing the Senate.