Ed Zollars, CPAWeekly tax audio and video update is online now, looking at the IRS statement they are now answering the practitioner priority on average within 10 minutes, new depreciation auto limits for 2023, IRS grants relief on filing dates for storm victims in Georgia and Alabama and a taxpayer misunderstands an internet article on the taxation of a §401(k) distribution.
2023-01-23 IRS Says Phones Are Improving — Current Federal Tax Developments
This week we look at: IRS provides an extended due date for some in Alabama and Georgia impacted by storms IRS announces 10 minute response time on Practitioner Priority Line Taxpayer’s §401(k) distribution not excluded from income based on diabetes diagnosis IRS releases auto deprec