IRS Suspends Mailing of Automated Taxpayer Notices
The IRS announced Wednesday in a news release the letters and notices it will not send taxpayers as it works through its...
IRS redeploys employees to handle backlog
Feb 4, 2022
The Internal Revenue Service is temporarily reassigning certain employees as it addresses a backlog, which includes millions of tax returns...
CPA wary of IRS service lapses as tax season begins
Jan 12, 2022
CPA tax professionals greeted the launch of tax season with skepticism that the IRS will be able to contend with...
Like-kind exchanges of real property (new limits)
Jan 3, 2022
New limits are considered for Sec. 1031 transactions. Financial and investment advisers should seek to understand the implications of a...
Standard mileage rates to go up in 2022
Dec 20, 2021
After decreasing two years in a row, the rate by which taxpayers may compute their deductions for costs of using...
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