Tax

The IRS opened its annual to-do list for drafting regulations and other formal guidance to public suggestions of priority tax issues.

The 30-day limit under Sec. 6330(d) for petitioning the Tax Court to review an IRS determination is nonjurisdictional and can be equitably tolled, the Court holds in the case of a taxpayer whose petition was one day late.

IRS Commissioner Charles Rettig and National Taxpayer Advocate Erin Collins testify to the House Oversight and Reform Committee.

The tax implications of the Biden administration’s policy of advancing racial equity and support for underserved communities across the government are outlined.

The IRS also assures payers of the reinstituted excise taxes that they will not lose a deposit safe harbor in early 2023.

The US Government Accountability Office draws lessons for the IRS in handling taxpayer return errors, processing those returns more timely and serving taxpayers’ needs.