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TAXES Archive

IRS will clear backlog by year’s end

TweetShareSharePin0 Shares IRS Commissioner Charles Rettig told House members in a hearing Thursday that the Service will process its backlog of unprocessed work — some of it dating back to 2020 — by the end of 2022. Rettig appeared before the House Ways and Means Committee’s Subcommittee on Oversight to report on the current filing

IRS beset by processing backlogs, hiring lags in 2021

TweetShareSharePin0 Shares Millions of tax returns from the 2020 filing season still awaited processing by late that year, hampering the IRS’s ability to provide timely service in 2021 and likely contributing to ongoing backlogs in the current filing season, the Treasury Inspector General for Tax Administration (TIGTA) said in an audit report. The report, Results

Tax Refund

TweetShareSharePin0 Shares This is a picture of me with the tax refund I just got in the mail. As you can tell, I am very delighted to get the money back that I earned. Due to privacy reasons, I had to photo edit the dollar amount on my refund check. It’s a shame the flash

Auto depreciation limits leap with inflation

TweetShareSharePin0 Shares The IRS issued sharply higher new depreciation limitations Wednesday for passenger automobiles, reflecting inflation of vehicle prices in the past year. These limits are updated annually for inflation according to the automobile component of the chained consumer price index for urban consumers. Rev. Proc. 2022-17 contains the Sec. 280F(a) inflation-adjusted dollar limitations on

Tax

TweetShareSharePin0 Shares Tax- it’s easily defined Posted by Alan Cleaver on 2009-11-21 14:12:22 Tagged: , book , dictionary , words , definitions , spelling , finance , accountancy , finances , audit , financial , bookkeeping , tax , taxes , taxing TweetShareSharePin0 Shares

Loretta Collins Argrett Fellowship

TweetShareSharePin0 Shares 0 Flares Filament.io Made with Flare More Info“> 0 Flares × The ABA Tax Section has created a new fellowship that brings recipients to its meetings and provides other significant benefits described below.  Check it out if you are interested or know someone who might be
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