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Weekly IRS Roundup November 21 – November 25, 2022


By on Nov 28, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 21, 2022 – November 25, 2022. November 21, 2022: The IRS released Internal Revenue Bulletin 2022-47, which highlights the following: Revenue Procedure 2022-40: This revenue procedure provides that a plan sponsor that maintains a...

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Weekly IRS Roundup November 14 – November 18, 2022


By on Nov 21, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 14, 2022 – November 18, 2022. November 14, 2022: The IRS released Internal Revenue Bulletin 2022-46, which highlights the following: Announcement 2022-21: The Office of Professional Responsibility announced recent disciplinary sanctions involving lawyers, certified...

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Weekly IRS Roundup November 7 – November 11, 2022


By on Nov 14, 2022
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 7, 2022 – November 11, 2022. November 7, 2022: The IRS released Internal Revenue Bulletin 2022-45, which highlights the following: Proposed Regulations 100719-21: This guidance proposes increases for both the enrollment and renewal of...

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Weekly IRS Roundup October 31 – November 4, 2022


By on Nov 7, 2022
Posted In IRS Appeals, IRS Audits, IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 31, 2022 – November 4, 2022. October 31, 2022: The IRS released Internal Revenue Bulletin 2022-44, which highlights the following: Treasury Decision 9966: These final regulations increase the renewal user fee for enrolled retirement...

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Weekly IRS Roundup October 24 – October 28, 2022


By on Oct 31, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 24, 2022 – October 28, 2022. October 24, 2022: The IRS released Internal Revenue Bulletin 2022-43, which highlights the following: Revenue Procedure 2022-31: This procedure provides guidance on the development, printing and approval of...

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Weekly IRS Roundup October 17 – October 21, 2022


By on Oct 24, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 17, 2022 – October 21, 2022. October 17, 2022: The IRS released Internal Revenue Bulletin 2022-42, which highlights the following: Notice 2022-45: This notice extends the deadline for amending an eligible retirement plan to...

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Weekly IRS Roundup October 10 – October 14, 2022


By on Oct 17, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 10, 2022 – October 14, 2022.  October 11, 2022: The IRS released Internal Revenue Bulletin 2022-41, which highlights the following: Notice 2022-42: This notice announces that the IRS and the US Department of the...

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Weekly IRS Roundup October 3 – October 7, 2022


By on Oct 10, 2022
Posted In IRS Appeals, IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 3, 2022 – October 7, 2022. October 3, 2022: The IRS released Internal Revenue Bulletin 2022-40, which highlights the following: Notice 2022-40: This notice provides updates on the corporate bond monthly yield curve and...

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Weekly IRS Roundup September 26 – September 30, 2022


By on Oct 3, 2022
Posted In IRS Appeals, IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 26, 2022 – September 30, 2022. September 26, 2022: The IRS released Internal Revenue Bulletin 2022-39, which highlights the following: REG-125693-19: These proposed regulations clarify issues that do not meet the definition of a...

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Weekly IRS Roundup September 19 – September 23, 2022


By on Sep 26, 2022
Posted In IRS Guidance, Tax Reform, Tax Refunds

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 19, 2022 – September 23, 2022. September 19, 2022: The IRS updated information on the Work Opportunity Tax Credit (WOTC), including information on the pre-screening and certification process. The WOTC is available to employers...

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