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  • IRS offers further K-2/K-3 relief

    February 25, 2022

  • IRS continues work to help taxpayers; suspends mailing of additional letters

    February 10, 2022

    IR-2022-31, Feb. 9, 2022 WASHINGTON – As part of ongoing efforts to provide additional help for people during this period, the IRS announced today the suspension of more than a dozen additional letters, including the mailing of automated collection notices normally issued when a taxpayer owes additional tax, and the IRS has no record of a taxpayer filing a tax return. These mailings include balance due notices and unfiled tax return notices. The IRS entered this filing season with several million original and amended returns filed by individuals and businesses that have not been processed due to challenges of the historic pandemic and is taking this step to help avoid confusion for taxpayers and tax professionals.

  • AICPA Comments on Recent IRS Statement: ‘We Believe That There Is More They Can Do’

    January 27, 2022

    Following calls by the Tax Professionals United for Taxpayer Relief Coalition, and members of both the Senate and the House for the Internal Revenue Service (IRS) to provide meaningful relief to taxpayers ahead of this tax filing season, the IRS announced today its intention to stop some notices to taxpayers as they increase resources to process backlogged files

  • Taxpayer Advocate Coalition Releases Statement on IRS Actions Offering Limited Taxpayer Relief

    January 27, 2022

    The Tax Professionals United for Taxpayer Relief coalition have released a statement in response to recent actions by the Internal Revenue Service (IRS) to suspend “some notices to taxpayers” for the upcoming tax filing season.

  • AR DFA Provides Corporate Tax Law Changes for 2021

    January 12, 2022

  • 2022 tax filing season begins Jan. 24

    January 11, 2022

    2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline

  • IRS issues standard mileage rates for 2022

    December 20, 2021

    The Internal Revenue Service issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

  • Tax professionals can now order more transcripts from the IRS

    November 22, 2021

    The Internal Revenue Service announced that, effective Nov. 15, 2021, tax professionals are able to order up to 30 Transcript Delivery System (TDS) transcripts per client through the Practitioner Priority Service® line. This is an increase from the previous 10 transcripts per client limit.

  • IRS addresses taxpayer reliance on FAQs, will save copies of old FAQs

    October 19, 2021

    The IRS recently announced that if a taxpayer relies in good faith on frequently asked questions (FAQs) that the Service posts to its website, and if that reliance is reasonable, then the taxpayer will have a reasonable-cause defense against any negligence penalty or other accuracy-related penalty if it turns out that the FAQ does not correctly state the law as it applies to the taxpayer's situation. This new policy applies to all FAQs, including those released by the IRS before the policy was announced.

  • Staffing and COVID-19 relief programs are firms’ top concerns in 2021

    August 27, 2021

    Finding qualified staff is an enduring concern that continues to challenge CPA firms this year, according to the 2021 AICPA Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey. Hiring staff emerged as the No. 1 issue affecting firms that employ 6–10, 11–20, or 21 or more professionals.