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IRS releases government shutdown plan
Yesterday the IRS released their FY 2026 Lapsed Appropriations Contingency Plan in the event of a government shutdown. Of…
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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
Helen Oglesby
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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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COVID Tax Tip: Parents can boost their back-to-school budget by claiming tax credits and refunds
Summer is slipping away and another school year is starting. As kids head back to the classroom, parents are ticking items…
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Hoover Resident Pleads Guilty to Not Paying Sales Tax
MONTGOMERY – Lee Njoroge, 35, of Hoover, managed L & N Food Mart, Inc. in Bessemer. Njoroge pleaded guilty Tuesday in…
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1.6 million taxpayers receiving special refunds, IRS announces: Do you qualify?
Source al.comThe Internal Revenue Service is refunding some $1.2 billion to taxpayers who paid late penalties during the…
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AICPA Endorses Bipartisan, Bicameral Congressional Letter to IRS that Urges Action to Address Backlog Ahead of 2023 Tax Year
Washington, D.C. (August 17, 2022) – Throughout the COVID-19 pandemic, the American Institute of CPAs (AICPA) continuously…
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