IRS letter rulings can be accelerated if they’re related to COVID-19. The IRS announced that that taxpayers can request expedited handling of letter ruling requests if they have a compelling need related to the pandemic. Generally, the IRS processes letter ruling requests in the order that they’re received. An expedited handling request should be made in a separate letter submitted with the letter ruling request. A letter ruling is a written statement issued for a fee to a taxpayer. It interprets and applies tax laws to the taxpayer’s situation and can’t be relied on as precedent by other taxpayers. Call or visit our website for more information! www.mjscpa.com/
