When accounting goes unaccounted for
Whose bright idea was this??
Helping a buddy make his estimated tax payment I see this on IRS Direct pay. Seriously IRS?! You chose the submission deadline to run planned outages?! This is a prime example of how inefficient the IRS is. So damn infuriating! pic.twitter.com/ahDpdsPgRN
— Albert J. Campo, CPA, MBA (@ajthecpa1226) September 16, 2022
It’s not the first time it’s happened on a critical deadline day.
For those of you that haven’t nailed down the CPA yet, hopefully you’re not amongst those receiving nastygrams from the IRS for not complying with the new ID requirements.
And, on behalf of the thousands of tax preparers who did comply with the new rules, Doug Shulman doesn’t appreciate your apathy, “The vast majority of federal tax return preparers complied with the rules. We owe it to the compliant tax preparers to make sure that everyone is on a level playing field.” [Bloomberg]
The head of the IRS said Thursday that a government shutdown during tax season would be a challenge the agency has never confronted before — and one that would become more complicated as the April filing deadline draws closer. Doug Shulman, the IRS commissioner, also signaled at a House Ways and Means subcommittee hearing that his agency was discussing how to address a potential shutdown with the Obama administration, though he did not spell out any details of those talks. “We run a $13 billion financial services operation, so the idea of stopping it for a few days or a few weeks is strange,” Shulman said, adding that he was hopeful, based on ongoing negotiations, that a shutdown could be averted. [The Hill]
TIL: John Koskinen can take credit for the world being exactly the same on January […]