2022 IRS Audit Rate and 2023 IRS Outlook
Last week we covered the current state of the IRS and the improved tax return backlog. We now have additional insights into those tax returns filed in 2022.
2023 Filing Season to Begin Jan. 23
The IRS announced it will begin accepting electronically filed returns (for individuals) on January 23. This will mark the beginning
Current State of the IRS
How long will it take for the IRS to process my tax return? This is something I hear almost daily. While the answer is, almost always, it depends,
2022 Tax Expectations
The 2022 filing season has yet to begin, but I have already tempered the expectations of a number of clients during the year-end planning process.
IRS Cracks Down on Line-Blocking Calls
If you have tried to contact the IRS recently, then you know how difficult it is to speak to an agent on the phone. A majority of callers will hear the dreaded “due
IRS Unveils Advanced AI Bots to Reduce Wait Times
The IRS has used automated messages and instructions to manage the call volume from taxpayers and tax professionals for quite some time.
IRS Processing Times Are Frustrating...
If you have tried to contact the IRS recently, you are probably aware of the challenges of resolving an outstanding issue. Due to lack of funding,
Clarity Around Cryptocurrency Question on Form 1040
If you own any cryptocurrency, you are probably familiar with the question that now appears on the first page of your individual tax return: