Aug. 30 IRS furlough day canceled

BY ALISTAIR M. NEVIUS, J.D.

The IRS announced that it will remain open on Aug. 30, canceling a previously scheduled furlough day. However, in making the announcement, IRS Acting Commissioner Danny Werfel said that the Service is still evaluating whether it must take a furlough day in September.

In April, the IRS announced that it would close all public-facing operations, including toll-free operations and Taxpayer Assistance Centers, on May 24, June 14, July 5, July 22, and Aug. 30, with another two days of closings possible in August or September. The furlough days were scheduled in response to mandatory federal budget cuts from sequestration.

The IRS took the first three scheduled furlough days. Like the Aug. 30 furlough day, the July 22 furlough day was canceled after the agency successfully cut costs.

Alistair Nevius ( anevius@aicpa.org ) is the JofA’s editor-in-chief, tax.

SPONSORED REPORT

Post-busy season checklist

Now that tax season is over, pause for some introspection to guarantee that next year’s busy season is even better. Bonus: “Dirty dozen” scams list to share with your clients. Sponsored by Thomson Reuters, Bloomberg BNA, Bloomberg BNA // Software and Wolters Kluwer.

QUIZ

News quiz: Risks are top of mind in finance

Americans are worried about risks to their financial security. Accountants also see risks to their organizations and their careers. See how much you know about recent news and reports with this quiz.

CHECKLIST

Auditing risks in culture

Cultural flaws can seriously damage an organization. Here’s how internal auditors can reduce risks by embedding culture audits into existing audit programs.