IRS update: Boosting alternative dispute resolution, and more
The decline in taxpayers taking advantage of the ADR process was a major topic at a recent IRS meeting.
Source: accountingtoday.com
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AICPA and Other Groups Call Attention to New Beneficial Ownership Information Reporting Requirements
BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021.
Source: cpapracticeadvisor.com
IRS performance improves through tax season
The service has cleared its carryover backlog for original return processing, and other updates as we enter the home stretch.
Source: accountingtoday.com
Tax season so far: ERC abuses and new frauds
A look at how filing season is going, five weeks in.
Source: accountingtoday.com
Smaller tax refunds, and more from the IRS
A tax season update from Stephen Mankowski of the National Conference of CPA Practitioners.
Source: accountingtoday.com