AICPA TESTIFIES TO CONGRESS ON IRS SERVICE

AICPA testifies to congress on IRS service. “There’s still time to salvage this year’s tax filing season, or at least some of it if that makes a difference, if the IRS adopts recommended taxpayer Tax help measures”, said Jan Lewis, CPA, the chair of the AICPA’s Tax Executive Committee, told the U.S. Senate Committee Finance […]

TREASURY WARNS OF DIFFICULT TAX FILING YEAR

Treasury warns of difficult tax filing year. Treasury Department officials warned last month that this year’s tax season will be a challenge with the IRS starting to process returns on January 24th. That’s largely due to the IRS sizable backlog of returns from 2021. As of December 31, the agency had 6 million unprocessed returns–a […]