With only three weeks until April 15th, some of you might like to be reminded that there are other people out there who are going through busy season pains just like you are. Unlike you, they have taken their suffering to Twitter and smartly labeled their problems as #CPAproblems which allows us to share them all with you.
We'll keep you updated as the big day approaches.
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The Australian government released exposure draft legislation yesterday in response to “the PwC matter” and the funniest part is the special email they made to receive comments: [email protected]. Not ConsultingReponse or Sept23TaxReform, specifically PwCResponse. In four separate exposure drafts that amend the Taxation Administration Act 1953 (TAA) and/or the Tax Agent Services Act 2009 (TASA), […]
The IRS announced today that it has issued an immediate moratorium on processing new employee retention credit claims at least through the end of the year. The agency cited “rising concerns about a flood of improper Employee Retention Credit claims,” driven by “aggressive promoters,” as the reason for closing the door on ERC claims. IRS: […]
