IRS Tax Tip 2022-49, March 30, 2022
Once taxpayers file their federal tax returns, they’re eager for details about their refund. When it comes to refunds, there are several common myths that can mislead taxpayers.
Nina Olson – Washington Post
If there is one thing we’ve learned over the past two years, it is that the Internal Revenue Service is vital to the economic health of our nation. In the midst of a pandemic it has delivered $800 billion in economic impact payments, or stimulus checks, almost $93 billion in advance child tax credits, and additional billions in employee retention and sick and family leave credits.
Washington, D.C. – January 28, 2022
PMA echoes the lawmakers’ enthusiasm for providing high quality and effective taxpayer services. We are also equally concerned regarding the current state of the IRS. However, there is an apparent disconnect between Congressional demands and the IRS’s practical capacity to address them. This disconnect exacerbates inefficiencies and results in negative taxpayer experiences, as well as excessive burden on our members and their staff.
The National Taxpayer Advocate is releasing the National Taxpayer Advocate 2022 Purple Book. In it, she presents a concise summary of 68 legislative recommendations that she believes will strengthen taxpayer rights and improve tax administration. Most of the recommendations have been made in detail in prior reports, but others are presented in this book for the first time.
As the fiscal lives of an increasing number of U.S. residents’ cross international borders, tax planning for these individuals is full of complications. In this article, Mary Beth Lougen, EA, USTCP discusses tax strategies and tips to alleviate double taxation on foreign income at the state level, using tax relief provisions offered by the states to offset taxation by a foreign jurisdiction.
