January 2022 - FREE Yourself from IRS Problems

Shamsey Oloko January 13, 2022 Civil Liabilities, Civil Penalties, Income Tax, Income Tax Return, Internal Revenue Code, Internal Revenue Service, Tax Legislation

IRS Updates Procedure for Issuing Guidance

In the middle of October, the IRS updated its procedure for issuing guidance using frequently asked questions (FAQs) on any newly passed tax laws. The IRS released a document providing a general overview clarifying taxpayers’ ability to rely on guidance…