Lawmakers Join Industry Calls For IRS Superfund Tax Compliance Guide

September 21, 2022
A group of mostly Republican House lawmakers is urging Treasury Secretary Janet Yellen to provide updated compliance guidance from the IRS for the reinstated Superfund chemical taxes ahead of an Oct. 31 filing deadline, while also seeking a simplification of the tax collection process, underscoring similar calls from industry groups. “This Superfund tax has not been in effect for over two decades, and its reinstatement threatens to directly harm small businesses that are still recovering from the labor and supply...

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