Leaders of the tax-writing House Ways and Means Committee are sounding the alarm over the slow start to tax season, reflected in the initial week of data from the IRS. | FASB OKs goodwill alternative for private cos., nonprofits → | | By Michael Cohn 6 min read | | The Financial Accounting Standards Board approved a tweak to the goodwill rules for private businesses and not-for-profits, giving them more flexibility on when to do impairment assessments of triggering events. | |
| TurboTax adds Credit Karma integration → | | By Ranica Arrowsmith 2 min read | | Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly. | |
| 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. | |
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