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IRS to fast-track 10,000 hirings to address backlog ... National taxpayer advocate to CPAs: Tell us where the challenges are ... Proposed regulations update RMDs for SECURE Act changes ... IRS offers alternative to facial recognition
IRS to fast-track 10,000 hirings to address backlog ... National taxpayer advocate to CPAs: Tell us where the challenges are ... Proposed regulations update RMDs for SECURE Act changes ... IRS offers alternative to facial recognition
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Direct-hire authority will allow the IRS to more quickly reinforce its return processing and account management functions.
CPAs and other tax professionals can help the Taxpayer Advocate Service identify the most acute problems within the IRS, National Taxpayer Advocate Erin Collins said in an online AICPA Town Hall meeting.
Proposed rules would update existing regulations for required minimum distributions (RMDs) from qualified retirement plans and annuity contracts and related matters, largely to conform with a number of statutory changes.
Taxpayers signing up for and using IRS online services are now able to authenticate their identities with a new alternative to uploading a “selfie” photo, and if they do use facial recognition or have done so in the past, their photos will be deleted, the IRS announced.
Five years ago, a grieving Angel Zhen started his own CPA firm with no clients and no revenue. Today, he has 300 clients, $600,000 in revenue and 12 weeks of annual vacation. In this JofA article, he shares how he set up his firm and how you could do the same.
