array(6) {
  [0]=>
  string(376) "  Tuition Debt Relief Will Not Be Taxable Income  
The recently announced tuition debt relief program will not add to the tax burden of individuals who are able to take advantage of the program, the White House said."Thanks to the American Rescue Plan... " [1]=> string(397) " Rates Used in Computing Special Use Value Issued, Rev. Rul. 2022-16
A listing of the average annual effective interest rates on new loans under the Farm Credit System has been issued by the IRS. The rates are used in computing the special use value of farm real proper... " [2]=> string(374) " IRS Unintentionally Releases Form 990-T Data
The Internal Revenue Service announced that it has unintentionally made certain data collected from Form 990-T available for bulk download through its Tax Exempt Organization Search tool.In a Septembe... " [3]=> string(441) " IRS Clarifies Instructions for Form 8996, IRS Post-Release Changes to Tax Forms, Instructions, and Publications
The IRS has clarified that qualified opportunity zone businesses should not file Form 8996. Form 8996 is filed only by qualified opportunity funds.The 2022 Instructions for Form 8996, Qualified Opport... " [4]=> string(420) " List of Countries with U.S. Exchange of Information Agreements Updated, Rev. Proc. 2022-35
The IRS has supplemented the list of countries with which the U.S. has an agreement relating to the exchange of tax information. Turkey has been to the list of jurisdictions with which the Treasury an... " [5]=> string(405) " FL - Taxpayer lacked standing to challenge department's former practice
The taxpayer did not have standing to contest a notice of proposed assessment that assessed Florida sales and use tax, a penalty, and interest.Department's Former Practice Regarding Notices of Propose... " }
Tuition Debt Relief Will Not Be Taxable Income
added
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Rates Used in Computing Special Use Value Issued, Rev. Rul. 2022-16
added
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IRS Unintentionally Releases Form 990-T Data
added
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IRS Clarifies Instructions for Form 8996, IRS Post-Release Changes to Tax Forms, Instructions, and Publications
added
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List of Countries with U.S. Exchange of Information Agreements Updated, Rev. Proc. 2022-35
added
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FL - Taxpayer lacked standing to challenge department's former practice
already exists
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IRS Announces Relief from Filing Penalties for Certain Taxpayers Affected by COVID-19, Notice 2022-36; IR-2022-155
added
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IRS Advises Taxpayers On Compliance For Improperly Forgiven Paycheck Protection Program Loans, IR-2022-162
added
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Taxpayers Urged to Develop Natural Disaster Emergency Preparedness Plans, IR-2022-156
added
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IRS Issues Guidance on Pre-Screening And Certification Process for WOTC, IR-2022-159
added
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Pandemic Business Relief Delays Continue Amid Processing Delays
added
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IRS Releases Exceptions to Canceled Student Loan Debt In Income
added
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IRS Infrastructure Upgrades Will Protect Honest Taxpayers – Treasury Secretary Yellen
added
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Rates Used in Computing Special Use Value Issued, Rev. Rul. 2022-16

A listing of the average annual effective interest rates on new loans under the Farm Credit System has been issued […]

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Rates Used in Computing Special Use Value Issued, Rev. Rul. 2022-16

IRS Unintentionally Releases Form 990-T Data

The Internal Revenue Service announced that it has unintentionally made certain data collected from Form 990-T available for bulk download […]

Read More
IRS Unintentionally Releases Form 990-T Data

IRS Clarifies Instructions for Form 8996, IRS Post-Release Changes to Tax Forms, Instructions, and Publications

The IRS has clarified that qualified opportunity zone businesses should not file Form 8996. Form 8996 is filed only by […]

Read More
IRS Clarifies Instructions for Form 8996, IRS Post-Release Changes to Tax Forms, Instructions, and Publications

List of Countries with U.S. Exchange of Information Agreements Updated, Rev. Proc. 2022-35

The IRS has supplemented the list of countries with which the U.S. has an agreement relating to the exchange of […]

Read More
List of Countries with U.S. Exchange of Information Agreements Updated, Rev. Proc. 2022-35

Tuition Debt Relief Will Not Be Taxable Income

The recently announced tuition debt relief program will not add to the tax burden of individuals who are able to […]

Read More
Tuition Debt Relief Will Not Be Taxable Income

IRS Updates Premium Tax Credit Table, Required Contribution Percentage, Rev. Proc. 2022-34

The IRS has updated the applicable percentage table used to calculate an individual’s premium tax credit and required contribution percentage […]

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IRS Updates Premium Tax Credit Table, Required Contribution Percentage, Rev. Proc. 2022-34

Reproduction/Substitute Information Returns Requirements Issued, Rev. Proc. 2022-30

The IRS has provided the specifications for the private printing of red-ink substitutes for the 2022 revisions of information returns, […]

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Reproduction/Substitute Information Returns Requirements Issued, Rev. Proc. 2022-30

IRS Advises Tax Professionals on Signs of Identity Theft, IR-2022-144

The IRS and Security Summit partners have urged tax professionals to be vigilant and look out for the signs of […]

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IRS Advises Tax Professionals on Signs of Identity Theft, IR-2022-144

IRS Issues Statement on CP-14 Notices

The IRS was aware that some payments made for 2021 tax returns were incorrectly applied to joint taxpayer accounts. These […]

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IRS Issues Statement on CP-14 Notices

IRS and Treasury Release Initial Information on Electric Vehicle Tax Credit Under Inflation Reduction Act

The Treasury Department and the IRS have published initial information on changes to the tax credit for electric vehicles strengthened […]

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IRS and Treasury Release Initial Information on Electric Vehicle Tax Credit Under Inflation Reduction Act