The AICPA takes issue with Charles Rettig, IRS Commissioner, for penalizing taxpayers and businesses when the IRS is failing to process returns on time.
- Who is the Congressional member who entered the AICPA letter into the Congressional Record, regarding this issue?
- What is the aggregate backlog of mail at the IRS?
- Why isn’t the IRS paying the Economic Impact Payments in a timely manner?
- What measures is the AICPA asking the IRS to implement?
Cohn, M. (2020). AICPA disagrees with IRS commissioner Rettig on penalty relief. Accounting Today, Nov. 20 (Retrievable online at https://www.accountingtoday.com/news/aicpa-disagrees-with-irs-commissioner-rettig-on-penalty-relief)