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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

NTA Blog: IRS Deputy Commissioners Respond to Taxpayer Advocate Directive on Scanning Technology; National Taxpayer Advocate Appeals Decision to IRS Commissioner

Thu, Aug 04, 2022

August 4, 2022 – Throughout my tenure as the National Taxpayer Advocate, I have appreciated the ongoing exchange of ideas and […] The post NTA Blog: IRS Deputy Commissioners Respond to Taxpayer Advocate Directive on Scanning Technology; National Taxpayer Advocate Appeals Decision to IRS Commissioner appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: What to do if you receive an IRS balance due notice for taxes you have already paid.

Fri, Jul 22, 2022

July 21, 2022 – Know your rights and what to do if the IRS sends you a bill after you […] The post TAS Tax Tip: What to do if you receive an IRS balance due notice for taxes you have already paid. appeared first on Taxpayer Advocate Service. ...

Tax benefits and resources for people experiencing homelessness

Thu, Jun 30, 2022

July 1, 2022 – The Taxpayer Advocate Service asks you to help spread the message about resources available to the […] The post Tax benefits and resources for people experiencing homelessness appeared first on Taxpayer Advocate Service. ...

NTA Blog: Do You Need to Electronically Sign a Tax Form That Cannot Be E-Filed? Make it Digital.

Thu, Jun 30, 2022

June 30, 2022 – For the more than 40 forms that cannot be e-filed, the IRS permits paper filing of those […] The post NTA Blog: Do You Need to Electronically Sign a Tax Form That Cannot Be E-Filed? Make it Digital. appeared first on Taxpayer Advocate Service. ...

NTA Blog: Beginning Today, Some of Our Nation’s Most Vulnerable Taxpayers Will Automatically Have Their Accounts Excluded From Assignment to Private Collection Agencies

Fri, Jun 24, 2022

June 24, 2022 – Since 2018, TAS has been urging the IRS to stop assigning to private collection agencies (PCAs) […] The post NTA Blog: Beginning Today, Some of Our Nation’s Most Vulnerable Taxpayers Will Automatically Have Their Accounts Excluded From Assignment to Private Collection Agencies appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate identifies key objectives, expresses concern about refund delays, and low levels of phone service.

Thu, Jun 23, 2022

National Taxpayer Advocate Erin M. Collins released her statutorily mandated mid-year report to Congress. The report expresses concern about continuing […] The post National Taxpayer Advocate identifies key objectives, expresses concern about refund delays, and low levels of phone service. appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate issues mid-year report to Congress; expresses concern about continued refund delays and poor taxpayer service

Wed, Jun 22, 2022

The post National Taxpayer Advocate issues mid-year report to Congress; expresses concern about continued refund delays and poor taxpayer service appeared first on Taxpayer Advocate Service. ...

See How Low Income Taxpayer Clinics Help Taxpayers Get Results

Fri, Jun 10, 2022

June 10, 2022  – Find out more about Low Income Taxpayer Clinics and how to become part of their important […] The post See How Low Income Taxpayer Clinics Help Taxpayers Get Results appeared first on Taxpayer Advocate Service. ...

TAS News: NTA named Most Powerful Women in Accounting for 2022

Thu, Jun 09, 2022

The Taxpayer Advocate Service (TAS) is pleased to announce that the American Institute of CPAs (AICPA) and CPA Practice Advisor […] The post TAS News: NTA named Most Powerful Women in Accounting for 2022 appeared first on Taxpayer Advocate Service. ...

NTA Blog: Apply for a rewarding career with Taxpayer Advocate Service. You too can make a meaningful impact on peoples’ lives every day.

Thu, Jun 09, 2022

June 8, 2022 – After several decades of working in the tax controversy arena, both in the private sector and […] The post NTA Blog: Apply for a rewarding career with Taxpayer Advocate Service. You too can make a meaningful impact on peoples’ lives every day. appeared first on Taxpayer Advocate Service. ...

Reuters News

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Fox Business news

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CNN News

Climate change. Drug costs. Inflation cap. Here's what's in the historic bill the Senate just passed — and what was left out.

Harris cast the tie-breaking vote on the Senate's bill

Mon, Aug 08, 2022

The Senate is continuing to work Sunday on a series of back-to-back amendment votes as Democrats hope to pass their sweeping health care and climate package....

Read the complete bill

Sun, Aug 07, 2022

The Democratic-backed bill known as the Inflation Reduction Act would represent the largest climate investment in US history. It would also make major changes to health care policy by giving Medicare the power for the first time to negotiate the prices of certain prescription drugs and extending expiring health care subsidies for three years. The legislation would impose new taxes to pay for it...

Democrats lose effort to cap insulin at $35 for most Americans

Sun, Aug 07, 2022

Senate Democrats failed to realize their longstanding goal of lowering the price of insulin for the more than 150 million Americans with private health insurance....

Opinion: For a president many believe is failing, Joe Biden sure is racking up wins

Fri, Aug 05, 2022

For a president who so many people believe is failing, Joe Biden sure is suddenly notching up an impressive string of victories. And they're not minor. In fact, Biden is on a roll when it comes to both domestic and foreign policy. ...

Senator explains compromise made with Sinema in Inflation Reduction Act

Sun, Aug 07, 2022

Sen. Chris Coons (D-DE) discusses the challenges of getting the Senate to pass the Inflation Reduction Act and what he says it will do to solve health care and climate change issues if it is passed by the House and signed into law by President Biden....

Opinion: What started in Kansas upends American politics

Sun, Aug 07, 2022

In "The Wizard of Oz," a tornado sends Dorothy and her Kansas home spinning into the "Merry Old Land of Oz." Last week it was what Politico called a "political earthquake" in Kansas that sent the national debate over abortion into a new phase with many unknowns....

More than 6,300 US flights delayed on Sunday

Mon, Aug 08, 2022

• Flight attendants call out 'unsustainable' air travel situation • Opinion: The pilot shortage is about to get a lot worse...

More human remains discovered in Lake Mead's receding waters

Sun, Aug 07, 2022

• Nebraska sparks tensions by invoking the fine print of a century-old water compact with Colorado • California fire has destroyed nearly 90 homes and is only 40% contained...

Roger E. Mosley, 'Magnum, P.I.' star, dies after car crash

Mon, Aug 08, 2022

Actor Roger E. Mosley, best known for his role as the helicopter pilot Theodore "TC" Calvin on the 1980s hit show "Magnum, P.I.," died Sunday, his daughter announced. He was 83....

The Wall Street Journal

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