Featured News
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IRS: 45M tax refunds already issued
The IRS has distributed $152 billion through 45 million tax refunds as of March 11, the agency recently reported.
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IRS will clear backlog by year-end, Rettig says
The IRS will clear its backlog of unprocessed work by the end of 2022, Commissioner Rettig told House members earlier this week.
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SBA again extends deferment period for EIDL payments
The U.S. Small Business Administration (SBA) has extended the deferment period for COVID-19 Economic Injury Disaster Loan (EIDL) payments for the third time in the past 12 months.
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Expanded IRS multilingual resources now include Spanish Braille
The IRS recently expanded its multilingual services to include Braille, text, audio and large print products in Spanish.
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IRS offers filing relief to farmers, fishers
The IRS is granting relief to farmers and fishers for filing their 2021 tax returns, according to a new notice issued on April 15.
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Congress to hear from IRS commissioner on filing season
IRS Commissioner Charles Rettig will report on the current filing season to the House Ways and Means Committee’s Oversight Subcommittee on March 17.
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IRS now using chatbots for certain calls
The IRS is now using voice and chatbots on two of its specialized assistance phone lines to help taxpayers with simple payment or collection notice questions.
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Biden addresses crypto in executive order
President Joe Biden has signed an executive order on cryptoassets that encourages the Federal Reserve to determine if developing its own digital currency makes sense.
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Beware charity scams associated with Ukraine crisis
Many Wisconsinites want to help besieged Ukrainians right now by contributing to associated charities, but potential donors should beware of scams taking advantage of the crisis.
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SEC proposes new rules for cybersecurity reporting
The SEC wants to amend its rules for cybersecurity reporting to enhance and standardize public company disclosures regarding risk management, strategy, governance and incident reporting.