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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
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Grandparents and other relatives with eligible dependents can qualify for 2021 Child Tax Credit
The Internal Revenue Service reminded families today that some taxpayers who claim at least one child as their…
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Most taxpayers who requested an extension to file their 2021 tax return must file by Oct. 17
Time is running out. The October 17 filing extension deadline is just days away. Most taxpayers who requested an extension…
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Taxpayer Bill of Rights: America’s taxpayers are entitled to a fair and just tax system
Tax fairness means the tax system is equitable to all citizens. This is not just a concept - it is the law. The right to a…
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Ian Victims Get Federal Filing Relief
The IRS is offering relief to any area designated by the Federal Emergency Management Agency, which means that individuals…
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Penalty Relief for Certain Taxpayers Filing Returns for Taxable Years 2019 and 2020
Notice 2022-36 SECTION 1. PURPOSE This notice provides relief for certain taxpayers from certain failure to file penalties…
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EXECUTIVE ORDER – Temporary Suspension of Alabama Terminal Excise Tax Requirements (Hurricane Ian)
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IRS reports significant increase in texting scams; warns taxpayers to remain vigilant
WASHINGTON — The Internal Revenue Service today warned taxpayers of a recent increase in IRS-themed texting scams aimed at…
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With IRS Partnership Audits Ramping Up, Will More States Enact the MTC Model Statute?
Landmark changes in the federal income tax treatment of partnerships (including multi-member LLCs) became effective in 2018…
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Don’t be an easy mark: What every tax pro should know about identity theft
It can be a challenge to stay ahead of identity thieves. These criminals are tech and tax savvy, and they like to target tax…
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