Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15. | Lawmakers ask IRS to extend tax season until July 15 → | | By Michael Cohn 2 min read | | Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15. | |
| IRS continues to face mail backlog amid pandemic → | | By Michael Cohn 3 min read | | The Internal Revenue Service is still dealing with a backlog of unprocessed mail from 2020, hurting its efforts to provide help with COVID-19 relief payments and this year’s tax season. | |
| Tax strategy can help private equity firms unlock long-term value → | | By Petter Wendel 5 min read | | Amid regulatory change, margin pressure and technological shifts, private equity firms need to rethink their approach to tax and finance functions. Petter Wendel, EY global tax private equity leader, shares how based on findings from the 2020 EY Tax and Finance Operate Survey. | |
| KPMG speaks out against Asian-American violence → | | By Sean McCabe 2 min read | | Paul Knopp, KPMG U.S. Chair and CEO, posted an internal message on LinkedIn reiterating the firm's condemnation of "discrimination, harassment or racism" against Asian-Americans during the COVID-19 pandemic. | |
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