April 28, 2022
The IRS has changed the launch date of its electronic filing protocol for Schedules K-2, Shareholders' Pro Rata Share Items — International, and K-3, Shareholder's Share of Income, Deductions, Credits, etc. — International, from mid-June 2022 to July 24, 2022.
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April 27, 2022
The IRS recently issued a revised set of frequently asked questions for tax year 2021 and filing season 2022 for the Child Tax Credit.
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April 26, 2022
The IRS recently issued proposed regulations (REG-118913-21) that would grant an exception to the special rule that preserves the benefits of the temporarily higher gift and estate basic exclusion amount.
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April 26, 2022
The IRS recently issued Notice 2022-21, inviting the public to submit recommendations for items to be included in its Priority Guidance Plan for July 1, 2022, through June 30, 2023.
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April 21, 2022
The IRS recently issued a press release reminding tax-exempt organizations that many have a filing deadline of May 16, 2022.
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April 18, 2022
The IRS recently issued Notice 2022-15, providing temporary relief from a penalty for failure to deposit Superfund excise taxes and confirming the availability of a safe harbor for deposits.
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April 15, 2022
The IRS recently stated that in mid-April it will begin sending Notices CP2100 and CP2100A to financial institutions, businesses or payers who filed certain types of information returns that do not match IRS records.
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April 14, 2022
With the upcoming tax filing deadline, the Tennessee Department of Revenue is providing clarified information about a common taxpayer issue regarding filing a business tax return through TNTAP.
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April 13, 2022
The IRS recently updated its frequently asked questions and answers for both the 2021 and 2020 Recovery Rebate Credit.
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April 13, 2022
The IRS recently updated its frequently asked questions and answers on the new Schedules K-2 and K-3 forms in response to input from stakeholders.
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