Noisy
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The world is being quietly rearranged by people who write very long documents.

Federal Register · December 23, 2024
The title they went with Rules for Supervisory Approval of Penalties Noisy translates that to

IRS must now get a boss's approval before hitting you with a penalty

What happened
The IRS must now get a supervisor's approval before assessing certain penalties. This means taxpayers can challenge penalties more easily if the IRS did not follow this new rule.
Why it matters
For years, the IRS could assess penalties without a clear, documented supervisory review. This led to many court cases where taxpayers argued the IRS did not follow proper procedure. Now, the IRS has to show its work, which gives taxpayers a new way to fight penalties in court.
The signal
Watch for a drop in the number of penalties upheld in court, or an increase in cases where taxpayers successfully challenge penalties based on a lack of supervisory approval.
If you insist
Read the original →