Under both versions of the penalty, taxpayers have claimed that the IRS cannot apply the penalty to an
underpayment if a taxpayer concedes that the deduction that caused the
underpayment should be disallowed for some reason other than a valuation misstatement.
It is now likely to be written off if it's over two years - we're not looking at
underpayments beyond two years.
Another NZNO member in aged care, who is also a new migrant, has identified multiple
underpayment issues, which she has well documented through letters sent to her employer and copies of the replies.
But consumer watchdog Postwatch warned yesterday that this Christmas recipients could be liable for any
underpayment plus a pounds 1 administration fee.
Effectively managing these details--and the contracts that define them--helps medical groups to decrease
underpayments, leading to increased revenue and improved cash flow.
THE SMALL WATCHDOG GROUP that saved taxpayers millions of dollars by exposing oil industry
underpayments is being rewarded with a rare Contempt of Congress resolution by oil state lawmakers.
According to Berman, when he finally did find hard evidence of oil companies purposely cheating on oil royalties, Interior issued a report agreeing with him, only to have the report revised and deny any
underpayments.
The provision in the restructuring legislation would establish a net interest rate of zero on equivalent amounts of overpayment and
underpayment that exist for any period.
Once
underpayments are identified, Apollo will provide feedback information to the hospital, which will dramatically improve their managed care payer processes and diminish the number of ongoing managed care
underpayments in the future.
Underpayments and overpayments between a pre-merger acquiring corporation and the pre-merger acquired corporation;
Before applying the mechanical test for determining whether an
underpayment is deemed substantial, the taxpayer excludes any portion of the
underpayment for which (1) there is substantial authority for the treatment of the position, or (2) the position was adequately disclosed in the tax return and there is a reasonable basis for the treatment of the item (Sec.
The
underpayment resulted from Magma's separate tax return, while the overpayments resulted from a consolidated group's tax return, the IRS said.
