West Virginia University (WVU) College of Law has been selected for an IRS 2021 Supplemental Application Low Income Taxpayer Clinic matching grant. The IRS’s LITC supplemental application expands coverage to states without a clinic, giving priority to ...
As a CPA, managing clients information can be tough, especially during the busy tax season. The 2021-22 Form 2290 tax season has begun and it’s the time for CPAs to start filing these forms with the IRS for their clients before the August 31 deadline.
The IRS and its Security Summit partners are advising tax professionals to increase efforts to inform clients about the Identity Protection PIN Opt-In Program that can protect against tax-related identity theft. The IRS, state tax agencies and the ...
During his professional career, Cannito served on the North Carolina NATP state board of directors for six years and served the NATP National Board of Directors for nine.
The announcement covering the most recent six weeks of the effort brings the total disbursed so far under the American Rescue Plan to more than 171 million payments. They represent a total value of more than $400 billion since these payments began ...
The special events on July 23-24, 2021, will be hosted by IRS and partner groups to help people file income tax returns and register for the advance payments. Events will be held in Birmingham, Alabama; Bronx, New York; Charlotte, North Carolina; ...
The American Rescue Plan Act included changes to the child tax credit that were designed to benefit certain taxpayers; however, some of these changes are now causing confusion and anxiety for many. The American Institute of CPAs (AICPA) recognizes the ...
IRS management did not agree to establish a process to consider deduction claims for post compliance review when the FEMA number on the tax return and the number in the taxpayer’s tax account do not match. IRS management stated that they already have...