As we move closer to federal filing deadlines, the Utah Association of CPAs continues to push for meaningful relief for taxpayers and practitioners from the IRS.
Recently, 42 U.S. Senators and 65 U.S. Representatives signed a letter to Commissioner Rettig asking why the IRS has not taken certain actions, including suspension of additional notices, IRS statutory authority on suspending additional notices, delaying implementation of K-2/K-3 requirements and targeted penalty relief for taxpayers.
The UACPA joins the AICPA and Members of Congress in advocating for meaningful relief for taxpayers and practitioners during this tax season. “The IRS has acknowledged the challenges and frustrations of this tax season, and thanks to the work of our members and many others, they’ve taken steps to ease some of the burden. But we know that more can, and should, be done,” said Susan Speirs, CEO of the UACPA. “We’re continuing to advocate on behalf of members alongside the AICPA, Members of Congress and many other organizations to urge more significant relief.”