AICPA Seeks More Time for Filing as Deadline Looms

The American Institute of CPAs is asking the Internal Revenue Service to further extend the deadline for filing and paying income taxes.… Read more about AICPA Seeks More Time for Filing as Deadline Looms (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Expands Cash Payment Options

The Internal Revenue Service says it has expanded its list of retail partners who accept cash payments for federal taxes. This cash payment option is available for individual and business taxpayers alike.… Read more about IRS Expands Cash Payment Options (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

$1.5 Billion in Unclaimed Refunds Await 2016 Filers

The Internal Revenue Service has a little excess cash it would like to get rid of. It comes in the form of unclaimed income tax refunds for taxpayers who didn’t file a 2016 tax return.… Read more about $1.5 Billion in Unclaimed Refunds Await 2016 Filers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Audits Slashed During IRS Pandemic Shutdown

The office closures suffered by the Internal Revenue Service during the opening weeks of the coronavirus pandemic lead to a near shutdown of the agency’s audit program, a new report suggests.… Read more about Audits Slashed During IRS Pandemic Shutdown (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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…