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The Treasury Inspector General for Tax Administration recently released a report concluding that the IRS did not follow its formal written security policy and ran reduced vulnerability scans on its databases for at least three years starting in 2018.
View MoreThe IRS recently announced it will soon be updating sign-in procedures for some of its online applications to improve security.
View MoreThe IRS recently announced it is extending for another year the transition period during which taxpayers are provided 45 days to perfect a research and development credit claim for refund prior to the IRS’ final determination on the claim.
View MoreThe Financial Accounting Standards Board recently issued an Accounting Standards Update intended to enhance transparency about the use of supplier finance programs for investors and other allocators of capital.
View MoreThe Treasury Inspector General for Tax Administration recently released a report presenting the results of its audit assessing the accuracy of IRS procedures in the distribution of last year’s advance Child Tax Credit payments.
View MoreThe IRS recently updated its frequently asked questions, FS-2022-36, on Coronavirus State and Local Fiscal Recovery Funds.
View MoreThe IRS is warning taxpayers of a recent increase in IRS-themed texting scams aimed at stealing personal and financial information.
View MoreThe Tennessee Secretary of State’s office is warning Tennesseans about an official-looking mailer from TN UCC Statement Service that incorrectly implies that businesses or individuals need a copy of the UCC-1 financing statement filed against them.
View MoreThe Tennessee Department of Revenue recently issued Important Notice #22-13 regarding changes to professions subject to the professional privilege tax.
View MoreThe IRS recently issued Notice 2022-45, extending the deadline for amendments to retirement plans and individual retirement arrangements to adopt selected provisions regarding distributions and loans under the CARES Act and the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
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