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Weekly IRS Roundup November 28 – December 2, 2022 - Tax Authorities

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 28, 2022 – December 2, 2022.

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Weekly IRS Roundup November 28 – December 2, 2022 | McDermott Will & Emery

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 28, 2022 – December 2, 2022.

Revenue serviceAmerican bar associationSuffolk county septic improvement programNational tax security awareness weekMcdermott willInternal revenue serviceInternal revenue bulletinSecurity summitNational tax security awarenessTax tipGiving tuesdayNationwide tax security awarenessRevenue rulingChief counselNational virtual settlement eventInflation reduction act

Keeping Up With the IRS December 5, 2022

IRS releases Internal Revenue Bulletin 2022-48, announces 7th National Tax Security Awareness Week, release Tax Tip 2022-181, warn taxpayers about fake charity scams, release Tax Tip 2022-182, announce increased interest rates in 2023.

Revenue serviceAmerican bar associationSuffolk county septic improvement programNational tax security awareness weekInternal revenue serviceInternal revenue bulletinSecurity summitNational tax security awarenessTax tipGiving tuesdayNationwide tax security awarenessRevenue rulingChief counselNational virtual settlement eventInflation reduction actTreasury decision

IRS raises interest rates for Q1 2023

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.

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