Based on what we’ve been seeing on #TaxTwitter over the past month, busy season 2022 is like the fiery last-lap, multicar wreck in the NASCAR Xfinity Series race at Daytona International Speedway on Saturday night. And wouldn’t you know it, the car sponsored by Tax Slayer got absolutely trashed:
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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: […]
