Line items

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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IRS to fast-track 10,000 hirings to address backlog

Direct-hire authority will allow the IRS to more quickly reinforce its return processing and account management functions.

National taxpayer advocate to CPAs: Tell us where the challenges are

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 regulations update RMDs for SECURE Act change

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.

IRS offers alternative to facial recognition

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.

Where to find May’s flipbook issue

The Journal of Accountancy is now completely digital. 

 

 

 

SPONSORED REPORT

Implementing lease accounting

FASB’s Codification (ASC) 842, Leases, requires companies to make significant changes in the way they report operating leases. But one of the initial challenges might be simpler than you think … find out more with this report.