IRS extends RMD relief to 2024
The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years.
IRS chief defends budget as tax season concludes
Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency’s future plans.
In the blogs: Getting things done
Clock ticks on 2020 returns; remembrances; what’s ahead for marketing tech; and other highlights from our favorite tax bloggers.
New FAQ clarifies tax treatment of work-life referral services
A set of frequently asked questions from the IRS says the benefit can be excluded from income.
Engage the AR function as a strategic partner
The impact of providing accounts receivable staff with automated AR processes goes far beyond the finance function.