A taxpayer successfully challenged the IRS’s filing of a notice of federal tax lien against him for a trust fund recovery penalty on the basis that he did not have an opportunity to contest the liability on which the assessment underlying the lien was based.

The Supreme Court declined to hear an appeal of a decision denying historic rehabilitation credits for a state authority’s partnership with a company to redevelop the Atlantic City historic Boardwalk Hall.

The U.S. Supreme Court held that the United Kingdom’s windfall profits tax imposed on newly privatized businesses was creditable against U.S. taxes under Sec. 901.

The IRS plans over the next few months to send out letters to taxpayers as it attempts to close out outstanding inquiries/correspondence involving Form 3520 prior processing issues.

The IRS issued a news release detailing how shutting down on furlough dates will affect operations.

President Barack Obama on Thursday named Daniel Werfel acting commissioner of the IRS.