
IRS Extends Electronic Signatures Indefinitely
On October 30, 2023, the IRS announced that it is indefinitely extending some temporary flexibilities that were slated to expire on October 31, 2023. During
On October 30, 2023, the IRS announced that it is indefinitely extending some temporary flexibilities that were slated to expire on October 31, 2023. During
The National Taxpayer Advocate (NTA) provided an update on November 10, 2022 on the Internal Revenue Service’s return processing backlog. Unfortunately, it appears that the
The IRS attempt to curb syndicated conservation easements was dealt a significant blow by the Tax Court in its November 9 decision in Green Valley
With the signing by President Biden of the Inflation Reduction Act into law on Tuesday, the Internal Revenue Service will be allocated $80 billion to
The “Inflation Reduction Act”, if passed by the House and signed by the President, will provide $80 billion of funding to the IRS, with $45.6
2021 was often cited as the most challenging year for taxpayers and tax professionals and with the even bigger backlog facing the IRS, 2022 is
According to an IRS statement published in May, the IRS has recently doubled the audit rates for taxpayers in every income category above $100,000. Audits