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Tag: Megan L. Brackney

The Enforcement And Impact Of John Doe Summonses

By Megan L. Brackney Tax Notes In this article, Brackney discusses the John Doe summons procedures and the decision partially enforcing a John Doe summons in Coinbase. She also identifies some practical considerations for taxpayers whose information may be turned over to the IRS in accordance with the summons. Full Article

Megan L. Brackney Quoted In Taxnotes Article Entitled, “Practitioners Fault Accelerated Assessable Penalty Collection”

In a TaxNotes article entitled, “Practitioners Fault Accelerated Assessable Penalty Collection,” Megan Brackney is quoted on how “the IRS’s collections practice for assessable penalties related to foreign information returns is increasingly placing taxpayers in a bind, and practitioners are eager to provide suggestions on how the process can be improved.”

Megan Brackney Named One Of Lawline’s “Top Women Faculty Of 2019”

Megan Brackney was named by Lawline as one of the “Top Women Faculty of 2019” for a CLE program she taught entitled “Tax Procedure: IRS Methods of Obtaining Information From and About Taxpayers.” Lawline noted that the program “has received 500 views and counting since the December 2019 live broadcast.” Lawline,

Problems Facing Taxpayers With Foreign Information Return Penalties And Recommendations For Improving The System (Part 2 Of 3)

By Megan L. Brackney Procedurally Taxing January 7, 2020 Reasonable Cause For all of the foreign information return penalties, reasonable cause is a defense.  See I.R.C. §§ 6038, 6038A(d)(3), 6038D(g), 6039F(c)(2), 6677(d); Treas. Reg. § 1.6038-2(k)(3)(ii).   The IRS applies the same standards for reasonable cause for failure to file income tax returns under I.R.C. § 6651 to failure to file foreign

Megan L. Brackney And Bryan C. Skarlatos Quoted In “What You Need To Know About Amending Your Tax Returns” , The Wall Street Journal On December 15, 2019

Common errors include neglecting to report all taxable income or valuable deductions and credits Even with the increasingly widespread use of sophisticated tax-preparation software, it’s easy to make costly errors, omissions or both. In the dazzlingly complex world of income taxes, however, amending a return isn’t always as simple as