IRS Extends Lookback Period for Covid-19 Era Refund Claims
The IRS has modified the lookback period for refund claims on returns with due dates that were postponed due to …
California, Alabama, Georgia May 15 Disaster Relief Deadline Extended to October 16
The IRS has extended, to October 16, 2023, tax filing relief for disaster-area taxpayers in California, Alabama, and Georgia to …
H&R Block Seeks Rehearing in Trademark Infringement Battle
Following H&R Block’s defeat in the United States Court of Appeals for the Eighth Circuit, the tax software provider is …
Big 4 Firm Disputes Foreign Tax Credit Reattribution Asset Rule
Responding to an IRS request for public input on pending foreign tax credit (FTC) revisions, practitioners from a Big Four …
IRS Finalizes Mandatory e-Filing Rules
The IRS has finalized mandatory e-filing rules. These rules reduce the number of returns a taxpayer may file without being …
IRS Misses Deadline to Produce Inflation Reduction Act Spending Plan
The IRS did not submit its 10-year plan detailing how it will use the $80 billion appropriation from the Inflation …
IRS Commissioner Nominee Commits to Improving Taxpayer Service, Audit Fairness
Daniel Werfel, President Biden’s nominee to be the next IRS commissioner, faced concerns from members of the Senate Finance Committee …
Bipartisan Bill Exempting Broadband Grants Reintroduced
Legislation recently proposed in the previous Congress that would shield certain federal grants for broadband internet deployment projects from taxation …
Bridge Plus Phrase to Compliance Assurance Process Program to be Piloted
The IRS is piloting changes to the Bridge phase of the Compliance Assurance Process (CAP) program, according to an IRS …
Senate Finance Finalizes Roster With Three New Republicans
The Senate Finance Committee roster for the 118th Congress includes 14 Democrats and 13 Republicans, with three new GOP members …