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The close of 2022 means family gatherings, holiday fun and one step closer to the end of research and development (R&D) expense current deductibility. Prior to the Tax Cuts and Jobs Act...
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 28, 2022 – December 2, 2022.
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 28, 2022 – December 2, 2022...
IRS releases Internal Revenue Bulletin 2022-48, announces 7th National Tax Security Awareness Week, release Tax Tip 2022-181, warn taxpayers about fake charity scams, release Tax Tip 2022-182, announce increased interest rates in 2023.
The Internal Revenue Service has received 3.7 million unprocessed individual returns as of Nov. 11, 2022. It includes the tax year 2021 returns and late filed prior year returns.