Meadows, Collier, Reed, Cousins, Crouch & Ungerman LLP

Firm Partner, David Colmenero is speaking today at the TXCPA Dallas Member Appreciation CPE Series held at the Star Complex in Frisco, TX. He is presenting, "New Avenues for Challenging a Texas Comptroller Audit or Refund Denial." Even the most diligent taxpayers can find themselves defending against a Texas Comptroller audit assessment or refund claim denial. The landscape for disputing those assessments and refund denials has changed recently due in part to recent developments in Texas tax law creating new avenues for doing so. This presentation provides an overview of the procedural avenues for challenging an assessment or refund denial by the Texas Comptroller considering recent developments, some pros and cons associated with each, and important related deadlines and elections that practitioners should be aware of. Click here for more information: https://lnkd.in/gWUUWgvw Texas Society of CPAs #StateTax #TXComptroller #TaxAudit #Speaking

In our latest #blog post, Managing Partner, Anthony Daddino discusses the recent IRS announcement that it has ended its automatic assessment of penalties for late-filed foreign gift tax returns. While this allows for a review of reasonable cause statements before penalties are imposed, Mr. Daddino cautions taxpayers to be aware it only applies in certain cases. Read it here: https://lnkd.in/gsXSEDgN #IRS #TaxPenalty #TaxTip #GiftTax

In our latest #blog post, Firm Partner, Jeffrey M. Glassman discusses recent developments in the cryptocurrency tax case "Jarrett v. United States," which centered on whether Tezos tokens created through staking are taxable income. With the IRS's ruling that they are taxable, another lawsuit has been filed challenging this stance, arguing that new property is not taxable until sold. Mr. Glassman notes the magnitude of the case, highlighting a significant issue for many in the cryptocurrency community. Read it here: https://lnkd.in/g-mv7_Mt #IRS #Cryptocurrency #TaxCourt #Tezos #TaxableIncome

In this episode of our #podcast, "A View from Meadows Collier," Firm Attorneys, Joel Crouch and Cody Gackle address hot topics in tax law. From the IRS’s ERC backlog and innocent spouse relief cases to real estate deductions and lien disputes, they break down the latest developments and offer practical insights for taxpayers and advisors alike. Don’t miss out—listen now to stay ahead of the latest tax trends: https://lnkd.in/ggQvP5BV #taxlaw #ERC #IRS #realestate #taxdeductions

The IRS has launched a new initiative aimed at increasing audit rates for pass-through entities, including partnerships, S-corps, and trusts. In our latest #blog post, Managing Partner, Anthony Daddino details the operation parameters, and although the effectiveness of these efforts may come into question, he cautions taxpayers of the upcoming storm of audits. Read it here: https://lnkd.in/ggueiRmB #IRS #TaxAudit #TaxEnforcement #PassThroughEntities

Firm Partner, Damon Rowe is speaking today as part of the Tax Rep Network (TRN) special webinar program with attorney and TRN host, Eric L. Green. They are presenting, "The IRS’s Increased Use of Data in Enforcement." The IRS has made no secret of its using the mountain of data is has to identify taxpayers that should be targeted for civil enforcement and/or criminal investigation. This presentation will discuss how the IRS is using data, and what tax professionals can do to protect their clients and themselves. Click here for more information and to register: https://lnkd.in/ggm9_TnD #TRN #IRS #TaxEnforcement #Data #webinar #speaking

Firm Partners, Josh Ungerman and Mary Wood are speaking today at the TXCPA Permian Basin CPE Expo held at the Midland Country Club in Midland, TX. They are presenting, "The IRS is Back at it Again. What Does the New Hiring and Funding Mean for You and Your Clients?" The IRS has significantly intensified its enforcement efforts in 2024, fueled by increased funding that has led to more civil examinations and criminal investigations. This presentation will explore key areas of IRS focus, including the Employee Retention Credit (ERC), partnerships, high-income taxpayers, and promoted transactions. Participants will gain an understanding of how the IRS is leveraging advanced examination techniques and artificial intelligence to enhance its enforcement capabilities. Additionally, this presentation will provide essential strategies for tax practitioners and their clients to effectively navigate IRS examinations, appeals and investigations. Click here for more information and to register: https://lnkd.in/g6BTbvdz Texas Society of CPAs #2024Expo #IRS #TaxEnforcement #ERC #Appeals #Speaking

The Meadows Collier associate attorneys enjoyed attending the Dallas Stars hockey game on Tuesday night, October 15, 2024. The Stars won 3-2 against the San Jose Sharks, remaining undefeated, and everyone had a great time at the game! Go Stars! Pictured below (L-R): 1st row (bending down): Arianna Zabala, MK Kellam, Stephanie Grissom, and Annie McGinnis. 2nd row (standing): Jana L. Simons, Collin Dean, Reid Diaz, and Naveid Jahansouz. 3rd row (standing): John Crowder, Gabriel Nuñez-Lafontaine, Rowe Stipe, and Nicholas Pegelow. #DallasStarsHockey #Undefeated #AssociateAttorneys

Firm Partner, Damon Rowe is speaking as part of the Tax Rep Network (TRN) special webinar program on Wednesday, October 23, 2024 with attorney and TRN host, Eric L. Green. They will be presenting, "The IRS’s Increased Use of Data in Enforcement." The IRS has made no secret of its using the mountain of data is has to identify taxpayers that should be targeted for civil enforcement and/or criminal investigation. This presentation will discuss how the IRS is using data, and what tax professionals can do to protect their clients and themselves. Click here for more information and to register: https://lnkd.in/ggm9_TnD #TRN #IRS #TaxEnforcement #Data #webinar #speaking

Firm Partners, Josh Ungerman and Mary Wood are speaking at the TXCPA Permian Basin CPE Expo on Wednesday, October 23, 2024 held at the Midland Country Club in Midland, TX. They will be presenting, "The IRS is Back at it Again. What Does the New Hiring and Funding Mean for You and Your Clients?" The IRS has significantly intensified its enforcement efforts in 2024, fueled by increased funding that has led to more civil examinations and criminal investigations. This presentation will explore key areas of IRS focus, including the Employee Retention Credit (ERC), partnerships, high-income taxpayers, and promoted transactions. Participants will gain an understanding of how the IRS is leveraging advanced examination techniques and artificial intelligence to enhance its enforcement capabilities. Additionally, this presentation will provide essential strategies for tax practitioners and their clients to effectively navigate IRS examinations, appeals and investigations. Click here for more information and to register: https://lnkd.in/g6BTbvdz Texas Society of CPAs #2024Expo #IRS #TaxEnforcement #ERC #Appeals #Speaking