Thanks to a series of court victories by our firm (and others), including a unanimous decision by the United States Supreme Court, the IRS formally sat down at the dinner table earlier this week to eat a heaping helping of crow.
CIC Services’s own Randy Sadler and Chris Gallo cover the war in Ukraine, high gas prices, impending global starvation, current global hot spots and make the case for small and middle-market businesses to consider owning their own insurance company.
In a recent ruling, the U.S. District Court for the Eastern District of Tennessee reversed its prior decision requiring the IRS to return all documents illegally collected by the IRS under Notice 2016-66. Instead, the IRS was ordered to return only documents that it illegally collected from our firm, CIC Services.
The business landscape has drastically changed in the past two years, as the pandemic fast-tracked technological advances. According to a McKinsey Global Survey, companies have accelerated the share of digital or digitally enabled products in their portfolios by a whopping seven years since Covid-19 became a global phenomenon. They are leveraging emerging technologies in areas such as cloud computing, cybersecurity, artificial intelligence (AI), telehealth, tools supporting decentralized or remote workforces, and robotics.