A status report from the IRS shows income tax returns are being filed at a much slower rate than last year. But unlike in 2020, an extension to the April 15 filing deadline is unclear.…
Read more about Filing Numbers Down; Chance of Extended Deadline Unclear
COVID-19 has disrupted daily life for taxpayers across the country. Whether due to school closures or businesses shutting down, change is the one thing that feels inevitable.…
Read more about COVID-19 Causes Delay of Tax Payment Deadline
The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.…
Read more about Ways and Means to IRS: Will COVID-19 Delay Filing Deadline?
The House Ways and Means Committee this month announced that they passed “historic legislation to redesign the IRS:” The Taxpayer First Act of 2019. According to the press release, this type of bipartisan agency overhaul has not been attempted in more than two decades, and it focuses on taxpayer customer service, data security, and updating internal IRS rules and technology.…
House Ways and Means Chairman Kevin Brady introduced the "House GOP Listening Session Framework," a two-page outline that proposes three separate pieces of legislation on Tuesday.…
Bipartisan Effort Passes Extenders; Makes Some PermanentWhen testifying before the House Ways and Means Committee in April, IRS Commissioner Koskinen feared Congress would delay passing extenders…
[Note: Taxing Subjects normally focuses on issues related to management of tax and accounting services rather than internal procedures of the IRS. However, this item may have a direct bearing on how…
Read more about IRS Hires Tech Firm That Bungled ObamaCare Web Site
The $1.4 million program was set up to distribute 2010 tax refunds on reloadable prepaid debit cards. The Treasury Department selected 808,000 low to moderate-income tax filers to participate and receive their tax refunds electronically rather than by paper checks. It costs...…
Read more about MyAccountCard program from the U.S.Treasury Department Suspended
