Please ensure Javascript is enabled for purposes of website accessibility
September 21, 2023

When accounting goes unaccounted for

Menu
Latest
6 Ways Email is Secretly Destroying Your Accounting Firm Top Remote Accounting Candidates of the Week: September 21 It’s a Bad Day For Your Firm When the Board of Accountancy Has to Publish Advice For Your Aggrieved Clients If You’re Looking For Career Options, Give Government Auditing a Look Deloitte University Is Getting Bigger Because God Forbid KPMG Have the Superior Brainwashing Compound
IRS

The IRS Could Use a Hand Here

by Caleb Newquist

Specifically, because a lot of taxpayers could…uh, use a hand here:

A new report from the Treasury Inspector General for Tax Administration found that the combination of the weak economy, and efforts by the IRS to promote its [offer in compromise] program for helping taxpayers pay off a portion of their outstanding tax debts has increased the number of requests for offers by 28 percent between fiscal years 2007 and 2011. At the same time, the resources available to work on the offers have decreased, creating an inventory backlog and delaying responses to taxpayers.

Latest Accounting Jobs--Apply Now:

Load more listings

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Internal Revenue Building Sign in Washington DC
Tax

The IRS Has Stopped Processing ERC Claims Because ERC Mills Are Scamming the F*ck Out of Them

by Going Concern News Desk

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: […]

an empty office to represent talent shortage
Industry Trends

Research: The Talent Shortage is Starting to Take Its Pound of Flesh From Corporate Tax Departments

by Going Concern News Desk

This morning, Thomson Reuters released new research that reveals both corporate tax and global trade departments state they are under-resourced for technology and talent. This, naturally, is increasing risk in the form of penalties and audits. The latest research piggybacks a bit on what was revealed in their Future of Professions report released last month. […]