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Will the 2022 Income Tax Season be Normal?
So will the 2022 tax filing season be normal? Not likely. In addition to lasting health concerns, a number of new tax law provisions will create complications for some filers, as well as potential pitfalls to avoid. And maybe new tax laws by year's end.
Is QuickBooks Helping the IRS Audit Your Books? | Tax Tip of the Week | No. 57
In the past, an IRS agent would request printed reports and back-up paper documents during an audit. There is now the possibility that they will request an actual copy of your QuickBooks file - not just your printed general ledger. The IRS recently purchased several thousand QuickBooks licenses in preparation of up-coming audits.