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Month: April 2023

Extension to File Does Not Mean Extension to Pay

The IRS reminds taxpayers that just because a taxpayer is granted an extension of time to file a tax return, the deadline to pay the tax is not extended.  Tax payments are due April 18, 2023 for tax year 2022.  Taxpayers should file their returns as soon as possible...

How the IRS Will Spend $80 Billion

More than half of the $80 billion granted by Congress under the Inflation Reduction Act (IRA) was reserved by Congress for tax compliance enforcement.  That means the IRS will use $45.6 billion of the funds to focus on those who are not in tax compliance, specifically...

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