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First April Tax Day Since 2019 Arrives With Fewer Hitches Than Feared
Taxation
Despite warnings by Treasury Department officials in January that the tax season would be extraordinarily challenging, it…
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GAO Report Details Workload Problems at IRS in 2021, As Agency Makes Some Progress on Catching Up
Taxation
issued a report to Congress Accounting Today reported In its report, the GAO said that the IRS “experienced multiple…
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New York’s 2023 Budget to Include Tax Breaks for Middle Class and Small Businesses
Taxation
On Thursday, New York Gov. Kathy Hochul announced an agreement with state legislators on a 2023 budget, which will include…
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A Solution for Taxpayers Whose E-File Attempts Are Rejected
Taxation
Many taxpayers who filed paper returns last year for 2020 are receiving rejections notices from the IRS when they try to…
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Higher Percentage of Americans Must Pay Taxes on 2021 Unemployment Benefits than Did on 2020 Benefits
Taxation
A higher percentage of Americans will need to pay taxes on the unemployment benefits that they received in 2021 than the…
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Taxpayer Advocate: IRS Should Use Scanning Technology to Process Paper Returns
Taxation
Taxpayer Advocate Erin Collins, in a blog post published Wednesday, urged the IRS to implement scanning technology to…
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IRS Updates Its Guidance on Third-Round Economic Impact Payments
Taxation
The IRS has issued a revised fact sheet on the third round of Economic Impact Payments, the pandemic-related payments of…
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Report: 57 Percent of American Households Paid No Income Tax in 2021
Taxation
A report by the Tax Policy Center has found that 57 percent of U.S. households paid no income tax last year because…
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TIGTA Report: IRS Should Make Changes to Remedy Inadequate Assistance to Taxpayers Over Tax Accounts
Taxation
The Treasury Inspector General for Tax Administration (TIGTA) recently issued a report following an audit initiated…
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