2023-02-13 State Payment Relief for Taxpayers
This week we look at:
IRS relents to pressure, releases guidance on state payment programs’ taxability (generally it’s good news)
IRS begins offering direct deposit for Form 1040-X electronic filers - but it will still take a long time to process
No substantive §174 guidance likely before initial tax deadlines (March & April)
Form 4868 didn’t qualify as informal claim for refund
An audio only version of this week’s update can be streamed or downloaded below:
Your browser doesn't support HTML5 audio
2023-02-13 State Payment Relief for Taxpayers
A copy of the slides with links to source materials can be downloaded below:
2023-02-13 Current Federal Tax Developments