Internal Revenue Service commissioner Chuck Rettig heard complaints from lawmakers about their constituents missing stimulus payments. A short guide to IRS transcripts → | By Jason Schow 5 min read | While transcripts are notorious for being complex, they can be incredibly helpful in the hands of tax professionals who know how to use them. | | Paying for the pandemic: Are increased taxes the answer? → | By Rob Mander 5 min read | Conversations have already started about how the increased government expenditures to support citizens during the pandemic will be funded. But resisting the urge to increase taxes may be the best way to support economic growth. | |
In the blogs: Time to panic → | By Jeff Stimpson 2 min read | Field audits down; streamlining taxes for social policies; bad-date boondoggle; and other highlights from our favorite tax bloggers. | | |