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On April 16, IRS Commissioner Daniel Werfel spoke before the Senate Finance Committee. Werfel discussed the completion of the tax filing season on April 15 and the new Direct File option available to taxpayers in 12 states. Werfel noted, "There is no victory lap here. There is a lot more work to do.” While Werfel was not ready to announce the next steps for the Direct File program, the IRS is completing a review and will release a more complete plan in the near future. A major project for the IRS is to improve and update the information technology (IT) system. Werfel continued, "The...
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Many friends of charity have acquired appreciated property over time. A great way to use this appreciated property is...
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