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Prospect for Passage of Several Tax-Related Bills This Year Remains Uncertain
Taxation
As 2022 approaches its midpoint, there remains great uncertainty about the prospects for the passage of Build Back Better…
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GAO Report: In Wake of ‘Wayfair,’ Differing State Requirements for Sales Tax Collection Present Challenges for Businesses
Taxation
A report issued Tuesday by the Government Accountability Office (GAO) found that after the 2018 Supreme Court decision…
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IRS 2021 Whistleblower Report Reveals Increase in Claim Numbers But Decrease in Collections and Awards
Taxation
The IRS issued the fiscal year 2021 report for its Whistleblower Office last week, revealing mixed results for…
Read More
As Gas Prices Soar, IRS Will Raise Deductible Mileage Rate by 4 Cents on July 1
Taxation
In response to the rising cost of gas, the IRS announced that it will increase the optional standard mileage rates for…
Read More
Global Corporate Minimum Tax Deal Faces Lone E.U. Holdout and Looming U.S. Midterms
Taxation
It was nearly a year ago that the White House announced that 130 countries expressed support for a 15 percent global…
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IRS Data Book for FY 2021 Reveals Collection of $4.1 Trillion in Taxes
Taxation
The IRS has issued its Data Book for fiscal year 2021 (Oct. 1, 2020-Sept. 30, 2021), revealing that the agency collected…
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IRS Updates ‘Where’s My Refund?’ Tool to Include Two Previous Years
Taxation
The IRS has announced that its “Where’s My Refund?” tool now allows taxpayers to check the status of their two…
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Sen. Wyden Asks Mazars for More Information About Trump Tax Returns
Taxation
Sen. Ron Wyden Sen. Ron Wyden (D-Ore.), the chairman of the Senate Finance Committee, has sent a letter to Mazars USA LLP,…
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TIGTA Report: IRS Issued Potentially Improper Recovery Payments Totaling $898M
Taxation
A report issued by the Treasury Inspector General for Tax Administration (TIGTA) has found that the IRS issued potentially…
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