Stay updated with breaking news from Practitioner Perspectives. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 31, 2022 – November 4, 2022.
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 31, 2022 – November 4, 2022.
IRS released COVID Tax Tip 2022-166, announcing more people may qualify for tax benefits they did not claim by filing a 2021 federal income tax return. The IRS released COVID Tax Tip 2022-167 alerting taxpayers covered by certain Federal Emergency Management Agency disaster.
The office also wants to get continued input from tax pros.