Back in 2021, the IRS was handed a decisive defeat in court. After years of fighting, the IRS was definitively told that it does, in fact, have to follow the law, even when it’s very inconvenient. Now, as the IRS prepares to ramp up tax enforcement efforts, taxpayers are receiving a roadmap for how to rein in an IRS that sees itself as above the law.
At first glance, CIC Services v. IRS is hardly headline news material. Ostensibly a fairly wonky case over reporting requirements imposed by the IRS for certain micro-captive insurance transactions, CIC Services seems like it would only be interesting to the narrow industry affected by it. But a closer look shows that CIC Services was really about whether or not the IRS can simply ignore the law.
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