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The Tennessee Department of Revenue recently issued Important Notice #22-13 regarding changes to professions subject to the professional privilege tax.
View MoreThe IRS recently released Notice 2022-44, which raises the special per diem rates by which taxpayers may substantiate ordinary and necessary business expenses of travel starting Oct. 1.
View MoreThe Treasury Inspector General for Tax Administration recently released a report presenting the results of its review of the IRS’ process for implementing countermeasures recommended in facility security risk assessments.
View MoreThe IRS is reminding individuals and businesses affected by the COVID-19 pandemic that they may qualify for late-filing penalty relief if they file their 2019 and 2020 returns by Sept. 30, 2022.
View MoreThe Treasury Inspector General for Tax Administration recently released an audit report sharing the results of its continued assessment of IRS efforts to address the backlog of tax returns and other related work.
View MoreThe IRS recently issued guidance addressing improper forgiveness of a Paycheck Protection Program loan.
View MoreThe IRS recently updated information on the Work Opportunity Tax Credit, available to employers that hire designated categories of workers who face significant barriers to employment.
View MoreIn 2020, the year COVID-19 first attacked the United States, the presidential administration made several attempts to lessen the financial burden on the people – offering stimulus payments, a series of student loan interest and payment pauses, and allowing individuals to make penalty-free early withdrawals from their retirement accounts, to name a few.
View MoreAt a recent visit to a new IRS facility, U.S. Treasury Secretary Janet Yellen spoke on the Biden administration's plans for improving IRS services.
View MoreThe IRS is making its forms, publications and correspondence more accessible to blind and visually disabled taxpayers.
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