Glossary

Tax Court

What is Tax Court and When Would You Use It?

The Tax Court is a federal court where taxpayers can challenge the IRS’s determination of their tax deficiency without first paying the disputed amount. It provides an independent venue for resolving tax disputes.

  1. Glossary Article

Recommended for You

Forest Carbon Sequestration Credit

Forest Carbon Sequestration Credits incentivize landowners to maintain or increase forest biomass for carbon storage by offering a tax credit, promoting environmental sustainability and compliance.

Taxpayer Advocate Assistance

Taxpayer Advocate Assistance offers personalized support to taxpayers dealing with unresolved tax issues. It acts as an intermediary between taxpayers and the IRS.

Workforce Carbon Neutral Training Credit

The Workforce Carbon Neutral Training Credit is a tax incentive aimed at encouraging businesses to provide carbon neutrality training for employees. This credit helps promote sustainability and addresses environmental impact in the corporate sector.

CP89AG Notice

The CP89AG Notice is an IRS notification informing taxpayers of significant adjustments to their tax accounts. Understanding this notice is crucial for compliance and resolving potential tax issues.

Coastal Workforce Renewable Incentive Credit

The Coastal Workforce Renewable Incentive Credit offers tax benefits to businesses investing in renewable energy projects in coastal areas. This guide explains its purpose, features, and compliance requirements.