IRS WATCH

Lawmakers demand answers on IRS backlog before next tax season

By Michael Cohn       4 min read

A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season. Read story →

Don’t hold your breath on expiring tax breaks

By Roger Russell       4 min read

A host of provisions will expire at the end of the year, and there's no telling whether they'll be renewed, says Wolters Kluwer's Mark Luscombe. Read story →

IRS rolls out more e-filing forms for nonprofits as systems lag

By Michael Cohn       7 min read

The Internal Revenue Service is asking more charities and tax-exempt organizations to file their information returns electronically as required by the Taxpayer First Act of 2019, but its aging systems are experiencing delays that are frustrating tax professionals. Read story →

Biden aims to slash ‘time tax’ for Social Security, storm aid

By Justin Sink and Jennifer Jacobs       3 min read

Among his mandates: having the IRS call taxpayers back, rather than making them sit on hold. Read story →

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A year-end business compliance checklist

By Nellie Akalp      

As the end of the year approaches, it’s time for your business clients to take stock of — and tackle — any outstanding business compliance tasks. Read story →

IRS spotlights charitable tax benefit expiring Dec. 31

By Danielle Lee       2 min read

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return. Read story →

Tax Fraud Blotter: Rough landings

By Jeff Stimpson       6 min read

Just make up employees; working from home; distrust; and other highlights of recent tax cases. Read story →

Fiscal cliff nears for U.S. families as pandemic benefits fade

By Nancy Cook, Janet Lorin and Laura Davison       4 min read

For Americans worried about rising prices and shrinking household budgets, January could bring another blow to the bottom line. Read story →

M&A roundup: Crowe combines with Briggs & Veselka

By Michael Cohn      

Two Top 100 Firms combine; and PKF O’Connor Davies added LB Goodman & Co. Read story →

Clients confused over tax lawmaking

By Jeff Stimpson      

Tax pros share what aspects of the current tax legislation being considered in Congress brings the most questions from clients. Read story →

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