Monthly Archives: April 2022

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More Schedule K-2 and K-3 FAQs posted

Category:Uncategorized

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


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More Schedule K-2 and K-3 FAQs posted

Category:Uncategorized

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


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Letters from IRS to warn taxpayers about possible QOF actions needed

Category:Uncategorized

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


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Acute IRS challenges had chronic origins, GAO reports

Category:Uncategorized

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


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Letters from IRS to warn taxpayers about possible QOF actions needed

Category:Uncategorized

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


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Acute IRS challenges had chronic origins, GAO reports

Category:Uncategorized

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


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NTA calls for more time to contest denial of refund or credit claim

Category:Uncategorized

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


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NTA calls for more time to contest denial of refund or credit claim

Category:Uncategorized

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


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IRS commissioner to senators: ‘Our efforts are working’

Category:Uncategorized

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’


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IRS commissioner to senators: ‘Our efforts are working’

Category:Uncategorized

Charles Rettig briefs members of the Senate Finance Committee on tax filing season and the road ahead.
Source: JOA News
Read More here – IRS commissioner to senators: ‘Our efforts are working’