IRS Tax Attorneys Disagree With Courts on Tax Restitution- March 3, 2007 According to the IRS' tax attorneys, the The court misconstrued the facts of the case. That is the conclusion reached by the IRS Office of Chief Counsel in Chief Counsel Notice 2007-008.The case that the IRS attorney refers to is Creel v. Commissioner. In the Creel case the US Tax Court and Eleventh Circuit Court held that the taxpayer who paid restitution to the government for willfully failing to file tax returns as part of a criminal plea agreement, satisfied his civil tax liability. What.http://www.irstaxtrouble.com/2007/03/irs-tax-attorneys-disagree-with-courts.html ReferralsLeads Group is Not a Tax Exempt Entity- March 2, 2007 In Private Letter Ruling 200709070 the IRS recently held that Exceptional Organizations, a standard referralsleads group, did not qualify as a tax exempt business league. This ruling presents a good opportunity to review a few of the requirements to qualify as a tax-exempt business league.A business league is an association of persons having a common business interest, whose purpose is to promote the common business interest and not to engage in a regular business of a kind ordinarily carried..http://www.irstaxtrouble.com/2007/03/referralsleads-group-is-not-tax-exempt.html |