Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

In general, the IRS may not assess an income tax deficiency against a taxpayer, nor may it commence any collection action for such tax, until (a) a notice of deficiency has been sent to the taxpayer, ...

The Tax Court granted the IRS’s motion to dismiss a taxpayer couple’s petition for lack of jurisdiction because the petition was not filed within the time prescribed by Sec. 6213(a). Facts: On May 23, ...

A notice of deficiency was held valid by the Tax Court under the last sentence of Sec. 6213(a), because the filing deadline for the taxpayers’ petition was specifically stated on the face of the ...

Last week, an amicus brief was filed with the First Circuit Court of Appeals in support of a taxpayer’s[i] challenge to the U.S. Tax Court’s dismissal of the taxpayer’s petition[ii] for lack of ...

A federal court’s authority to hear a case is often referred to legally as “subject-matter jurisdiction,” or simply “jurisdiction.” In a federal tax case, numerous courts have jurisdiction to hear and ...

The IRS and taxpayers do not always agree on the results of an audit. If this disagreement continues without resolution, the IRS will issue a Notice of Deficiency, which permits the taxpayer the ...

Cycurion, Inc., a cybersecurity and AI solutions provider based in McLean, Virginia, announced that it received a deficiency notification from Nasdaq on May 22, 2025, due to its failure to timely file ...