Yes, it's just a small bump on the road to April 15th, and both are mere pit stops towards September 15th and October 15th, but it would be remiss if we did not acknowledge the first major tax filing deadline of the year.
If this marks the end of your busy season, congrats on surviving. If this is just a blip, at least use the day as an excuse to get some free ice cream.
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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: […]
