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Just under a month into federal tax filing season, the IRS reported a 32 percent slide in the number of refunds sent out compared with last year, showcasing delays that have spurred Democrats to call for postponing the traditional April 15 deadline.
March 11 -
Some tax pros say the confusion caused by the pandemic require a delay; others say it should be unnecessary by now.
March 10 -
Since last tax season, many clients have reassessed their charitable giving.
March 10
American Endowment Foundation -
Re-targeting PPP; how to charge more; this season’s challenges; and other highlights from our favorite tax bloggers.
March 9
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Roth conversions and backdoor Roths ease COVID financial pain for wealthy earners this tax season
March 9 -
Leaders of the House Ways and Means Committee and accounting groups are calling for extending the tax deadline to give the IRS, taxpayers and tax professionals an extra three months.
March 8 -
Overpromising and missing deadlines is a guaranteed way to disappoint clients.
March 8
Withum -
The American Institute of CPAs is asking the Treasury Department and the Internal Revenue Service to push back the tax filing and payment deadline for two months.
March 5 -
To delay or not delay; three questions about a digital tax; nonprofits and theft; and other highlights from our favorite tax bloggers.
March 2
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Practitioners face malpractice issues right from the start of filing, and this year may be even worse than usual.
March 2 -
The Internal Revenue Service needs to take action to avoid processing delays this filing season due to the COVID-19 pandemic, according to a new government report.
March 1 -
A host of developments promise to complicate this year's run-up to April 15.
February 25
Wolters Kluwer Tax & Accounting -
Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers.
February 23
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Right out of the gate, this year has provided some intriguing storylines that undoubtedly will have ripple effects when tax pros sit down with their clients next winter.
February 23
Tax & Accounting Professionals business of Thomson Reuters -
A COVID-wrecked economy has changed the calculus for some financial planners.
February 23 -
A firm found itself shorthanded during tax season when two of its most experienced tax return reviewers left. What should they do?
February 22
Withum -
Leaders of the tax-writing House Ways and Means Committee are sounding the alarm over the slow start to tax season, reflected in the initial week of data from the IRS.
February 19 -
Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15.
February 18 -
The agency’s commissioner is upbeat, but tax preparers and financial planners worry that this year could be especially chaotic due to the COVID pandemic.
February 18 -
The Internal Revenue Service is still dealing with a backlog of unprocessed mail from 2020, hurting its efforts to provide help with COVID-19 relief payments and this year’s tax season.
February 18














