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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
Helen Oglesby
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IRS Kicks Off 2023 Tax Filing Season with Returns Due April 18
IRS kicks off 2023 tax filing season with returns due April 18 WASHINGTON – The Internal Revenue Service kicked off the…
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IRS: Georgia, Alabama storm victims qualify for tax relief; April 18 deadline, other dates extended to May 15
Storm victims in parts of Georgia and Alabama now have until May 15, 2023, to file various federal individual and business…
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New Alabama House & Senate Committee lists for 2023-2026
Fine Geddie Government Relations recently released listings of the new Alabama House & Senate Committee lists for…
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New Tax Tribunal Ruling on Change-of-Residency Challenges
From Bradley: There seems to be an increased number of so-called “residency audits” being conducted by the Alabama…
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ORGANIZATIONAL SESSION UPDATE
The Alabama Legislature convened for the 2023 Organizational Session this week. The purpose of the session was to elect…
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National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Impact of Processing and Refund Delays
(From the IRS Newswire, Issue IR-2023-04) National Taxpayer Advocate Erin M. Collins today released her 2022 Annual Report…
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IRS Completes Automatic Corrections of Tax Year 2020 Accounts Related to Unemployment Comp Exclusion; 12 Million Refunds Issued
The Internal Revenue Service recently completed the final corrections of tax year 2020 accounts for taxpayers who overpaid…
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IRS Issues Standard Mileage Rates for 2023: Business Use Increases 3 Cents Per Mile
The Internal Revenue Service today issued the 2023 optional standard mileage rates used to calculate the deductible costs of…
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IRS Announces Delay for Implementation of $600 Reporting Threshold for Third-Party Payment Platforms’ Forms 1099-K
The Internal Revenue Service today announced a delay in reporting thresholds for third-party settlement organizations set to…
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