As we move closer to federal filing deadlines, the VSCPA 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. (Here is a draft version of the letter.)
Virginia Sens. Tim Kaine and Mark Warner and Reps. Abigail Spanberger and Gerry Connolly signed the letter urging the IRS and Treasury to implement recommendations from the AICPA and state societies that would ease the burden of this tax season. Spanberger was one of the leads on the House letter.
We join 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 VSCPA President & CEO Stephanie Peters, CAE. “We’re continuing to advocate on behalf of members alongside the AICPA, members of Congress, and many other organizations to urge more significant relief.”