IR-2022-11, January 12, 2022
WASHINGTON — National Taxpayer Advocate Erin M. Collins today released her 2021 Annual Report to Congress, calling calendar year 2021 “the most challenging year taxpayers and tax professionals have ever experienced.” The report says tens of millions of taxpayers experienced delays in the processing of their returns, and with 77 percent of individual taxpayers receiving refunds, “processing delays translated directly into refund delays.”
A new year brings a new set of tax numbers, and here are the important figures you need to know for 2022.
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.
