Lowrance Law, LLC

irs_logo_5A comprehensive list of questions and answers on the impact of the current government shutdown on IRS and tax administration has been published by the American Institute of CPAs Tax Section. The Question & Answer page was created to help practitioners working to complete tax returns by the October 15 filing deadline.

The organization said it “has urged the IRS to consider the substantial burden imposed on taxpayers (and practitioners) by the inability to communicate with and obtain information from the IRS.” The AICPA Tax Executive Committee “is currently considering whether it is appropriate to advocate for a legislative solution to provide for an additional extension of time to file tax returns.” The Q&A page can be accessed at http://bit.ly/1byGpvU.

The government shutdown is having a severe impact on every slice of the US economy. US government employees are not being paid, and many workers live paycheck to paycheck. The Congress should do their job instead of bickering among themselves over health care for all Americans.

Some of the Questions presented are the following:

Will individual taxpayers still need to file by October 15th or can the IRS extend due dates?
Will the IRS provide an expedited or automatic abatement of penalties for late-filed tax returns?
Will the practitioner hotline remain open during a government shutdown?
Will examinations continue during a government shutdown?

There are many other excellent questions. Read the original article.

Bill Lowrance
Lowrance Law LLC



Lowrance Law has relocated! The new office is located at 4010 University Drive, Suite 102, Fairfax, VA 22030. We will send out notices in the near future, and we will change the address on our website soon.

Meanwhile, you can reach us via e-mail and the usual telephone number- 703 506 1600.

Keep in touch.

Bill Lowrance


IRS Shutdown-What Happens?

October 1, 2013

 The IRS shutdown will impact most taxpayer services. Automated collection activity will continue. You will receive the computer generated letters advising that you owe the IRS tax, penalties and interest. Non-automated collection and other tax processing activities will stop. All IRS appointments related to examinations (audits), collections, Appeals or Taxpayer Advocate cases are cancelled. IRS […]

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Gift Tax For Virginia Property Transfers?

December 28, 2011

The IRS started a gift tax examination project a while back. In Virginia, they received information of property transfers between non-spouses relatives. Many times parents may transfer real property to childen or other non-spouse relatives without receiving any payment. The IRS considers this transfer a gift and a gift tax must be paid. The gift tax […]

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IRS Not Increasing Mileage Rate Even With Higher Gasoline Costs

May 16, 2011

The IRS has spoken. It has has no current plans to increase the standard mileage rate of 51¢ per mile for business miles driven, despite the big boost in gasoline prices. Simplified deduction method. The optional mileage allowance for owned or leased autos (including vans, pickups or panel trucks) is 51¢ per mile for business […]

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April 15, 2011

The IRS issued a press release advising taxpayers of payment options when you file your income tax return. The release is IR 2011-42. I have placed it in the blog below. The most important thing for you to know is if you owe taxes but you cannot pay the full amount file your tax return […]

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Got A Letter From The IRS? What To Do?

April 13, 2011

The IRS just sent out IRS Tax Tip 2011-73. The notice gives you the IRS view of what to do if you receive a letter from the IRS. Read this over and do not panic. If you need assistance with the IRS, please contact me at 703 506 1600. I handle audits, examinations and litigation […]

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Divorce Tax 101 – What You Need to Know About Taxes & Divorce

March 31, 2011

On March 22, 2011 I gave a lecture for the Fairfax Bar Association (Fairfax Bar) Tax and Family Law Section at the Fairfax County Courthouse on key issues of Divorce Taxation that supplied Continuing Legal Education Credit for all Virginia attorneys present. The event was very well attended. My presentation on divorce taxes, which may seem […]

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Special Sales Tax Deduction for Car Purchases 2009

October 7, 2009

The IRS is reminding everyone that there are special, limited deductions for state and local sales and excise taxes paid on the purchase of new cars, light trucks, motor homes and motorcycles. The deduction is available on new vehicles purchased from Feb. 17, 2009, through Dec. 31, 2009. In states that don’t have a sales […]

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U.S. and Switzerland To Change Tax Treaty

June 22, 2009

The U.S. Treasury Department announced on June 19 (see Treasury Press Releases) that Switzerland will agree to more exchange of financial information for tax enforcement purposes.   Treasury Secretary Timothy Geithner said the new accord “will increase our ability to enforce our tax laws and will help bring an end to an era of offshore accounts and investments […]

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