Topics Include the Overwhelming Volume at the IRS, Covid Relief Employment Tax Credits, and Tax Pro Account/Digital Authorizations. As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. Update from the National Taxpayer Advocate ...
The National Conference of CPA Practitioners (NCCPAP) announces its support of H.R. 4214, commonly referred to as The Tax Deadline Simplification Act. Co-sponsored and introduced by Representatives Debra Lesko (R-AZ) and Bradley Schneider (D-IL), this bipartisan legislation, if enacted, will...
August 11, 2021—Last week, the Internal Revenue Service released Notice 2021-49 in response to repeated requests by the accounting and business communities to provide clarification regarding rules governing the Employee Retention Credit (ERC). In so doing, the IRS issued a damaging blow to those...
Topics Include Office of Promoter Investigations, Fraud Enforcement Office Update, and the Introduction of Several New Office Directors As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. New Resources Relative to Child Tax Credits Can...
July 6, 2021—The National Conference of CPA Practitioners (NCCPAP), an organization representing Certified Public Accountants (CPAs) and other tax professionals, announces its endorsement of H.R. 4184, the Taxpayer Protection and Preparer Proficiency Act of 2021. This bill, once it becomes law,...
Topics Include Large Corporate Compliance Audits, Child Tax Credit Updates, Passport Revocation Update, and the Marijuana Industry As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. Large Business & International (LB&I) Division...
Topics Include Filing Season Statistics, Restaurant Revitalization, and Small Business/Self-Employed Division Updates As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. Filing Season Fun Facts & Other Updates—At a Glance 136...
Topics Include an Update on the New Tax Pro Account Release and a Spotlight on Criminal Investigation Programs As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. Tax Pro Account Thanks to COVID, the IRS accelerated its release of the Tax...
NCCPAP Leaders Highlighted in the Media We’re being heard! NCCPAP is gaining more and more visibility in the media. Over the past several months, NCCPAP Board Members and our CPA member experts have been tapped as trusted sources for tax and regulatory information and advocacy. Some recent...
Topics Include Current Filing Statistics, Improvements to The Taxpayer Experience, and COVID-related Retirement Plan Relief As reported by Tax Chair, Stephen Mankowski, CPA, CGMA, who recently attended the monthly IRS Meeting. Current Filing Statistics 66M returns have been received...