Tax relief

Lawmakers in the House and Senate have introduced bipartisan legislation to give the Internal Revenue Service more authority to provide tax relief for taxpayers who have to make tax payments or file their taxes after a state-declared natural disaster occurs near the deadline.

The American Institute of CPAs dispatched hundreds of CPAs to lobby their state and local lawmakers on Capitol Hill this week in conjunction with the AICPA’s Spring Meeting of Council in Washington, D.C.

The service offered instructions on how to claim an extension, among other things.

The Internal Revenue Service is searching for a new National Taxpayer Advocate, who will be succeeding longtime Taxpayer Advocate Service leader Nina Olson.

Wolters Kluwer is working with state agencies to obtain similar relief.

Republican and Democratic lawmakers in the Senate and House have teamed up to introduce bipartisan legislation to assist tax-exempt cooperative organizations.

The IRS is offering extended deadlines and penalty abatement for some taxpayers.

The U.S. Treasury Department is again reducing penalties for taxpayers who didn’t pay enough of their tax bill throughout the year.

The Treasury Department and the Internal Revenue Service are lowering the withholding underpayment threshold to 80 percent.

The relief is conditioned on the partnerships providing the missing information in a separate schedule by March 15, 2020.

A pair of House Democrats has introduced a bill to extend the tax-filing deadline until May 20 to give taxpayers more time to file their taxes.

The relief applies to due dates that started on March 3.

The head of the Taxpayer Advocate Service at the IRS for 18 years will be retiring at the end of July.

Those who file their 2018 return and pay any tax due by April 15 can avoid the estimated tax penalty.

The legislation would retroactively extend tax provisions that expired at the end of 2017 and 2018 through the rest of 2019.

A letter from a senior official to Senate Democrats throws cold water on any extra relief for taxpayers.

The IRS has help for those who suffered in the November quake.

The American Institute of CPAs is asking the IRS and the Treasury for additional relief for taxpayers who didn't adjust their withholdings last year for the Tax Cuts and Jobs Act.

97 percent of taxpayers who owe back taxes qualify for one.

House Ways and Means Committee chairman Kevin Brady, R-Texas, released a far-reaching tax and oversight package containing tax extenders, technical corrections to the Tax Cuts and Jobs Act, retirement and other savings enhancements and changes in the way the IRS operates.