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Month: June 2020

New National Taxpayer Advocate Issues First Report to Congress

Erin M. Collins, the nation’s new National Taxpayer Advocate, has issued her first report to Congress, which details the series of challenges—some met, some unmet—faced by the IRS this year.… Read more about New National Taxpayer Advocate Issues First Report to Congress (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Processing CAF Requests, Reducing Backlog

The Internal Revenue Service last Thursday announced that it is beginning to process Centralized Authorization File requests, like Forms 2848 and 8821.… Read more about IRS Processing CAF Requests, Reducing Backlog (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

ETAAC Calls for Fully Funding IRS

A new report to Congress from one of the Internal Revenue Service’s advisory panels is calling for the government to do something unusual: Fully fund the IRS budget request.… Read more about ETAAC Calls for Fully Funding IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

More Tax Relief for Tornado Victims

The Internal Revenue Service is giving tornado, thunderstorm and flooding victims in three states extra time to file their various tax returns and make tax payments.Severe storms raked parts of… Read more about More Tax Relief for Tornado Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Unveils New Relief for COVID-19 Retirement Borrowers

The COVID-19 pandemic has forced millions of Americans to take extraordinary steps just to stay afloat financially. For those taxpayers who might want to take distributions against their retirement plans or even borrow against their plans, the IRS has announced new relief.… Read more about IRS Unveils New Relief for COVID-19 Retirement Borrowers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…