On March 27, 2020, Congress passed and the administration signed the third in a series of major Coronavirus relief bills called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The purpose of the Bill is to stimulate the American economy during the Coronavirus pandemic. The CARES Act is arguably the largest change to ... [Read more]
On March 27, 2020, Congress passed and the administration signed the third in a series of major Coronavirus relief bills called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The purpose of the Bill is to stimulate the American economy during the Coronavirus pandemic. The CARES Act is arguably the largest change to ... [Read more]
Telecommunications company Centel set up an auction to sell itself in the late 1990s. Several prospective buyers toured its facilities, which was made public along with news that many would not submit bids. Nevertheless, Centel represented preparations for the auction to be going “smoothly.” No acceptable bids were ultimately received at auction, prompting Centel to ... [Read more]
♥ Happy 2020 International Women’s Day! ♥ With best wishes, The ALFI Team
Although the IRS’s burden for initial investigatory information requests from taxpayers is “slight,” it can only investigate for legitimate purposes, must only seek information relevant to that purpose (which is initially narrow), can only ask for information it does not already have, and must follow statutory administrative procedures. These threshold matters narrowed what the IRS ... [Read more]