Although the weather cooled down outside the State Capitol on Monday, legislative activity continued to heat up in the run toward adjournment sine die. With just over two weeks until.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 20, 2023 – February 24, 2023.
The IRS and Treasury announced e file for businesses. The IRS reminded taxpayers to gather the necessary information and visit IRS.gov for updated resource for their 2022 tax return and announced an extension for disaster area taxpayers in California, Alabama and Georgia.
Seyfarth Synopsis: In November 2022, the Internal Revenue Service (IRS) announced in Revenue Procedure 2022-40 an expansion to its Determination Letter Program which for the first time.