David Schultz on Muck Rack

David Schultz

Washington, D.C.
As seen in: Bloomberg Industry Group, Bloomberg News, HuffPost, Slate, Taylor & Francis Online, The Hill, Flipboard, Salon, The Minnesota Star Tribune, Medscape, Pioneer Press and
Producing podcasts for @environment, @tax, @bgov, & @blaw. No longer checking this account regularly.
Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work. Claim your profile

Get in touch with David

Contact David, search articles and posts on X, monitor coverage, and track replies from one place.

Learn more about Muck Rack

Actions

Share this page

Is this you?

As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile

Articles

IRS Covid Tax Credit Guidance Survives Federal Court Challenge Original

|
By David Schultz
| Daily Tax Report Verified
A payroll services company doesn’t have standing to challenge IRS guidance on a controversial pandemic-era tax credit, a federal judge said. First Source Employee Management, based in Ohio, wanted the court to nix an IRS notice about who can claim employee retention credits, arguing that the guidance was arbitrary and capricious.
Open in Who Shared View Duplicates (2) Issue with article?

Abstract Artist’s Estate Claims IRS Overvalued Her Creations Original

|
By David Schultz
| Daily Tax Report Verified
The artwork of Carmen Herrera, an abstract artist who died in 2022 at the age of 106, was incorrectly overvalued by the IRS and, as a result, her estate was assessed a nearly $3.6 million tax bill, according to a petition in US Tax Court. The agency valued the artwork she passed down at more than $37 million when it should be valued at closer to $28 million, according to Herrera’s estate’s petition, filed June 3.
Open in Who Shared View Duplicates (2) Issue with article?

IRS Argues Pandemic Didn’t Stop Accrual of Interest on Tax Debt Original

|
By David Schultz
| Daily Tax Report Verified
Relief from tax deadlines during the Covid-19 pandemic didn’t stop interest from accruing on tax debts that predate the pandemic, the IRS is arguing in one of the most closely watched tax lawsuits. Western Digital Corp., a California data storage device company, is not entitled to a nearly $21 million tax refund because Congress never intended its deadline relief statute to be interpreted so broadly, the IRS argued in a June 8 response brief at the US Court of Federal Claims.
Open in Who Shared View Duplicates (2) Issue with article?
See all 706 licensed articles (713 Total)
 •  Privacy  •  Terms  •  Security and Legal  •   •   •   • 

© 2026 Muck Rack

SOC 2® Certified