For the first time Congress has provided long-term funding to rebuild the IRS after years of decline.
To ensure success, the Biden administration needs to promptly nominate and the Congress needs to swiftly consider and confirm a qualified Commissioner.
No, the IRS isn’t going away. In fact, concerns about audits are ticking up. As small businesses prepare for tax season, there are still plenty of benefits…
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate
For the first time Congress has provided long-term funding to rebuild the IRS after years of decline.
To ensure success, the Biden administration needs to promptly nominate and the Congress needs to swiftly consider and confirm a qualified Commissioner.
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate
The global chip shortage is continuing to hamper enterprises worldwide, ranging from vehicle manufacturers to mobile phone makers, as well as other consumer, business, and industrial producers.
The global chip shortage is continuing to hamper enterprises worldwide, ranging from vehicle manufacturers to mobile phone makers, as well as other consumer, business, and industrial producers.
The Inflation Reduction Act set aside $79 billion to beef up the IRS, leading to concerns about the impact of increased audits in many corners.
The tax season that’s due to open when the Internal Revenue Service begins accepting tax returns next Monday is promising to bring a host of challenges. Tax professionals are largely ready to forge ahead to help their clients get through it, but now they may have trouble getting power of attorney forms processed.
May 22, 2015 Published in Accounting Today >>Download the PDF