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News

 
  • Some Taxpayers Wait Years for Refunds

    By:
    S.J. Steinhardt
    |
    Apr 16, 2024
    While the IRS tells taxpayers that their refunds usually come within three weeks of filing, some aren’t so lucky, as they could wait years.
  • IRS Touts 2024 Filing Season Improvements

    By:
    S.J. Steinhardt
    |
    Apr 16, 2024

    With tax season 2024 concluded, the IRS highlighted some of its recent improvements, which, it said, provided expanded service for millions of taxpayers.

  • On Tax Day, IRS Readied for Flurry of Last-Minute Filings

    By:
    Ruth Singleton
    |
    Apr 15, 2024
    On Monday, the IRS was preparing for an onslaught of last-minute filings. The IRS has already received over 100 million tax returns, and tens of millions more were expected to be filed before the deadline.
  • Regulatory Roundup: April 9-15

    By:
    S.J. Steinhardt
    |
    Apr 15, 2024

    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week and puts them in one place to help you stay on top of the issues.

  • IRS Commissioner Werfel Reflects on His First Year

    By:
    S.J. Steinhardt
    |
    Apr 15, 2024
    As the IRS has made improvements over the last year, in no small part due to an infusion of funding from the Inflation Reduction Act, “despair has turned to cautious optimism,” National Taxpayer Advocate Erin Collins wrote this year in her report to Congress. To commemorate his first year as commissioner, Danny Werfel sat for an interview.
  • Tax Pros: Filing Season Going Well, But Some Concerns Remain

    By:
    S.J. Steinhardt
    |
    Apr 12, 2024
    Despite the 2024 filing season being one of the smoothest in recent memory, uncertainly still exists due to legal and legislative issues, according to tax professionals.
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