Tax Procedure and Tax Fraud in a Nutshell

The Sixth Edition of Tax Procedure and Tax Fraud in a Nutshell is designed to acquaint students with the theoretical and practical aspects of tax practice, including IRS and treasury rulemaking, ethical issues, civil audits, and civil and criminal penalties.

Format: Paperback / softback
Length: 526 pages
Publication date: 30 August 2022
Publisher: West Academic Publishing

The Sixth Edition of Tax Procedure and Tax Fraud in a Nutshell is a comprehensive guide designed to provide students with a thorough understanding of the theoretical and practical aspects of tax practice. Covering a wide range of topics, from administrative or civil actions involving the Internal Revenue Service (IRS) to criminal prosecutions brought by the Department of Justice (DOJ), this edition offers a comprehensive overview of the tax landscape.

In the first chapter, the book delves into the process of IRS and treasury rulemaking, which plays a crucial role in shaping tax regulations. It explores the mechanisms through which the IRS develops and implements tax policies, as well as the role of Congress in the rulemaking process. The chapter also discusses the confidentiality and disclosure policies of the IRS, emphasizing the importance of protecting taxpayer information while conducting tax audits and investigations.

Ethical issues of tax practice are another key focus of the Sixth Edition. It examines the ethical dilemmas faced by tax professionals, such as conflicts of interest, confidentiality, and the duty to comply with tax laws. The book provides guidance on how tax practitioners can navigate these ethical challenges and uphold their professional standards.

Civil audits and administrative appeals are also covered in detail. The chapter explains the process of conducting civil audits, including the preparation of audit reports, the negotiation of settlement agreements, and the appeal of audit findings. It also discusses the administrative appeals process, including the filing of petitions and the hearing of appeals before the IRS or other administrative bodies.

Assessment issues are another important aspect of tax practice. The chapter discusses the process of assessing taxes, including the determination of tax liability, the calculation of interest and penalties, and the issuance of tax notices and assessments. It also explores the various types of assessments, such as income taxes, sales taxes, and property taxes.

The collection process is another critical component of tax practice. The chapter explains the various methods used by the IRS to collect taxes, including wage garnishments, levies, and property seizures. It also discusses the legal protections available to taxpayers during the collection process and the steps that taxpayers can take to dispute tax assessments.

Civil and criminal penalties are also covered in depth. The chapter discusses the various types of civil and criminal penalties that may be imposed for tax violations, including fines, imprisonment, and asset forfeiture. It also explores the legal defenses available to taxpayers in the event of a tax prosecution and the procedures for appealing tax convictions.

Statutes of limitations are another important aspect of tax practice. The chapter explains the time limits within which the IRS must file a tax return or bring a tax prosecution. It also discusses the implications of statutes of limitations for taxpayers and the strategies that they can use to extend the limitations period.

Civil litigation considerations in the various tax forums are also discussed in the Sixth Edition. The chapter explores the legal procedures and requirements for filing civil lawsuits in tax-related matters, including the jurisdiction of the courts, the standard of proof, and the types of damages that may be awarded. It also discusses the strategies that taxpayers can use to defend themselves in civil tax litigation.

Civil and criminal IRS investigations are also covered in detail. The chapter explains the process of conducting IRS investigations, including the issuance of subpoenas, the use of informants, and the investigation of tax fraud and other tax-related crimes. It also discusses the legal protections available to taxpayers during an IRS investigation and the steps that taxpayers can take to cooperate with the investigation.

Tax crimes and prosecution are the final topics covered in the Sixth Edition. The chapter discusses the various types of tax crimes, such as tax evasion, tax fraud, and tax sheltering. It also explores the legal procedures and requirements for prosecuting tax crimes, including the filing of charges, the presentation of evidence, and the trial process.

In conclusion, the Sixth Edition of Tax Procedure and Tax Fraud in a Nutshell is a comprehensive and up-to-date guide to tax practice. It provides students with a thorough understanding of the theoretical and practical aspects of tax practice, from administrative or civil actions involving the IRS to criminal prosecutions brought by the DOJ. With its extensive coverage of topics, practical examples, and case studies, this edition is an invaluable resource for anyone interested in pursuing a career in tax law or tax administration.

Weight: 414g
Dimension: 187 x 124 (mm)
ISBN-13: 9781685612115
Edition number: 6 Revised edition