<![CDATA[ Completely fabricated; comp con; ain’t that a kickback; and other highlights of recent tax cases. ]]>
Day: January 12, 2023
IRS to accept 2022 tax returns starting Jan. 23
The IRS said that most electronic filers will receive their refund within 21 days if they choose direct deposit and there are no issues with their tax return. The deadline to file is Tuesday, April 18.
M&A roundup: BPM and JLK Rosenberger expand
<![CDATA[ BPM LLP merges in O&S CPAs and Business Advisors; and JLK Rosenberger adds Mark F. Wille’s CPA practice. ]]>
Building a practice: Marketing ahead of tax season
<![CDATA[ Referrals remain a key way to find clients, particularly as more and more practitioners are retiring. ]]>
Tax season set to start Jan. 23
<![CDATA[ The Internal Revenue Service has scheduled the official date for the opening of filing season. ]]>
House Republicans aim to abolish IRS, replace income tax
<![CDATA[ House Speaker Kevin McCarthy agreed as part of a deal with the Freedom Caucus to allow a vote on a bill levying a “Fair Tax.” ]]>
FinCEN proposes rules about access to beneficial ownership information
Proposed regulations under the Corporate Transparency Act address protocols for access to beneficial owner information by authorized recipients.
National taxpayer advocate: IRS in better shape now than a year ago
Erin Collins mentions improvement in her annual report to Congress, but she says the IRS still needs to deal with the unanswered phone calls, including the 16% answer rate at the Practitioner Priority Service line.