IRS urged to overhaul its examination function

IRS urged to overhaul its examination function

The Internal Revenue Service is coming under fire from various quarters for its tax audit and enforcement efforts, and more of today’s top stories.?

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IRS urged to overhaul its examination function

A report found the IRS doesn't have a multiyear Examination Strategic Plan for allocating resources across its entire examination function.?

In other news today:

SECURE 2.0: Talking points for tax time

The act contains a dizzying array of provisions related to retirement savings accounts and distributions that tax professionals' clients should know about.

IRS: Special state payments and rebates don't need to be reported

The service provided details late Friday on the federal tax status of special payments made by 21 states in 2022.

Deloitte announces winners of FanTAXtic competition

Southern Illinois University, Carbondale, took first place among the 16 competing teams.

On the move: YHB names next CEO

Forvis donates $100K to Center for Leadership Development; FICPA hosts Hike the Hill advocacy event; and more accounting news.

Tech News: AvidXchange launches analytics solution

Plus AAM debuts a digital marketing certification and other updates from the accounting technology world.

Gopabandhu Satapathy

Chartered Accountant at G.Satapathy and Company, Chartered Accountants

2 年

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