CPA Never under estimate the value
Initial plans for the Foreign Account Tax Compliance Act’s regime of reporting US taxpayers’ foreign bank accounts and other financial assets largely have stalled, the Treasury Inspector General for Tax Administration reports.
Source: JOA News
Read More here – IRS’s FATCA enforcement fell short, TIGTA says
In eight new FAQs on its website, the IRS covers some special issues, including several that it says will be added to the forms’ instructions.
Source: Tax News
Read More here – More Schedule K-2 and K-3 FAQs posted
In eight new FAQs on its website, the IRS covers some special issues, including several that it says will be added to the forms’ instructions.
Source: JOA News
Read More here – More Schedule K-2 and K-3 FAQs posted
The IRS is sending letters to taxpayers who may need to take additional actions related to qualified opportunity funds.
Source: Tax News
Read More here – Letters from IRS to warn taxpayers about possible QOF actions needed
The US Government Accountability Office draws lessons for the IRS in handling taxpayer return errors, processing those returns more timely and serving taxpayers’ needs.
Source: Tax News
Read More here – Acute IRS challenges had chronic origins, GAO reports
The IRS is sending letters to taxpayers who may need to take additional actions related to qualified opportunity funds .
Source: JOA News
Read More here – Letters from IRS to warn taxpayers about possible QOF actions needed
The US Government Accountability Office draws lessons for the IRS in handling taxpayer return errors, processing those returns more timely and serving taxpayers’ needs.
Source: JOA News
Read More here – Acute IRS challenges had chronic origins, GAO reports
National Taxpayer Advocate Erin Collins recommended a temporary postponement of the two-year time limit for taxpayers to file a lawsuit.
Source: Tax News
Read More here – NTA calls for more time to contest denial of refund or credit claim
National Taxpayer Advocate Erin Collins recommended a temporary postponement of the two-year time limit for taxpayers to file a lawsuit.
Source: JOA News
Read More here – NTA calls for more time to contest denial of refund or credit claim
Charles Rettig briefs members of the Senate Finance Committee on tax filing season and the road ahead.
Source: Tax News
Read More here – IRS commissioner to senators: ‘Our efforts are working’
