Lesson From The Tax Court: The Role Of The Taxpayer Bill of Rights (TaxProf Blog) - Over the years Congress has enacted various pieces of legislation that it labels âTaxpayer Bill of Rightsâ (TBOR). The original TBOR came in 1988 as part of the Technical and Miscellaneous Revenue Act of 1988. It was followed by a free-standing TBOR II in 1996, and then TBOR III in 1998, enacted as part of The IRS Restructuring and Reform Act of 1998.
MORE HEADLINES
PwC Invests In Upskilling Professors (CPA Practice Advisor) - This spring, PwC launched a series of data analytics academies designed just for professors. These two-day seminars take a hands-on look at how emerging tools can help to address the challenges we all face when it comes to adopting digital tools in this increasingly tech-enabled landscape.
Most Corporate Tax Pros to Deploy Automation Tools (CPA Practice Advisor) - In the past year, nearly three quarters of corporate tax professionals (74 percent) say they dedicated extra time and resources, including bots and Artificial Intelligence (AI), in order to comply with federal tax reform policy changes, according to the latest EY Tax survey, released at the 14th Annual EY Domestic Tax Conference.
Tax Refunds Down $4.4B for Tax Season, Says IRS (Accounting Today) - The total number of tax refunds increased slightly, from 95,434,000 to 95,737,000, a 0.3 percent increase. The total amount of tax refunds declined 1.7 percent, though, from $265.326 billion to $260.919 billion.