The IRS reminds business owners with questions about the Tax Cuts and Jobs Act that there are several resources to help answer their questions.
IRS SERVICE IMPROVEMENTS NSTP and other tax professional groups had written to members of Congress urging a comprehensive set of recommendations designed to improve services provided by the IRS to taxpayers and tax practitioners. The groups called for an improved governance and oversight structure for the IRS and proposed a new unit within the IRS that would centralize the agency’s services to tax practitioners. As tax practitioners, we advise millions of taxpayers on tax matters, assist them with compliance responsibilities, and represent them before the IRS,” the groups wrote. “We understand what is working and not working with tax administration from both taxpayer and practitioner perspectives. As one of the IRS’s most significant stakeholders, we are both poised and committed to being part of the solution. The groups noted as “striking” the similarities between the condition of the IRS today and the circumstances that motivated creation of the National Commission on Restructuring the Internal Revenue Service more than 20 years ago. Therefore, the groups recommended that any effort to modernize the IRS and its technology infrastructure should build on the foundation established by the Restructuring Commission and the report issued by the Commission in June 1997. The recommendations are generally based, consequently, on … Read More