The IRS Fresh Start program was created to help struggling taxpayers and small businesses. In 2023, taxpayers are still asking how the program works. Here are some key details about the program. The History of the Fresh Start Program The Fresh Start Initiative was established in 2011 […] ...
Tax simplification efforts are also underway globally. In line with the “VAT in the Digital Age” reform package, the European Union has introduced the idea of a single VAT registration location. This initiative, if passed, aims to reduce the instances where EU businesses must register in a m...
What is the IRS Fresh Start Initiative? The IRS’ Fresh Start Initiative is a collection of programs that draw a roadmap for taxpayers looking to pay off their tax debt. Fresh Start program offerings include: Installment agreements, wherein taxpayers set up a payment plan to pay off their de...
Here’s one issue in particular that Intuit has been lobbying loudly about for the last couple years — the IRS’s Direct File initiative, which allows certain taxpayers to send their tax returns directly to the agency, and which GAO said last week had a successful pilot season early this ...
(BEPS) survey." The objective of this annual survey has been to gauge the views of multinational companies regarding the Global Tax Reset and the OECD's Base Erosion and Profit Shifting (BEPS) initiative, and the expected impact on their organizations. The 2018 survey focused on understanding ...
We now expect up to 140 countries to enact new minimum taxes and related rules as a result of the OECD’s Pillar II initiative — creating an entirely new interconnected global tax regime that could lead to a higher number of disputes. But here’s the challenge: The right in-house ...
Recent IRS S Corporation Initiative: Losses in Excess of Basis, Taxable Distributions, Han... January 19, 2024 • CPE, EA • CPE On-Demand This program is included with the Strafford CPE Pass. Click for more information. This program is included with the Strafford CPE+ Pass. Click for...
Leading practices in this area suggest using a variety of tools to help respond to increasingly forensic, multisided (i.e., looking at taxpayer data from more than one country) and whole-of-group tax audits. Such audit approaches are leading more and more businesses to pr...
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“The STSP will be the first Indigenous-led initiative established to provide peer and collegiate support to non-GP doctors in training, with the goal to increasing numbers into training programs and supporting them through the program so that we see high success rates of graduation.”–Ms Monic...