With the new tax filing season just months away, the Internal Revenue Service (IRS) has released the second draft of federal form 1040-SR, U.S. Tax Return for Seniors. The form, with larger print and ...
What’s the old saying? If you love something, throw it away and then reintroduce in another tax year? Or something like that? Just as the form 1040 appears to be making a return to a more ...
As it has done in past years, the IRS has extended the Affordable Care Act (“ACA”) deadline for health plan sponsors to furnish individuals IRS Forms 1095-B and 1095-C by 30 days (IRS Notice 2019-63).
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 18 – 22, 2019. November 19, 2019: The IRS published final ...
My daughter asked for a pair of throwback Nike sneakers this week to match her ringer tees and scrunchies. Not to be outdone, my son wants a DeLorean. It feels like we’re heading back to the 1980s - ...
If you forgot to file your taxes during the early days of the COVID-19 pandemic in 2020, you have until Monday to do so. Nearly 1.5 million taxpayers may still be eligible for a tax refund from tax ...
A broad range of tax and information returns for 2019 and 2020 tax years will receive automatic relief from failure-to-file penalties, under Notice 2022-36 released by the IRS Wednesday. The estimated ...
The IRS estimates about $1.5 billion in tax refunds remain unclaimed by taxpayers due to the three-year window to file 2019 tax returns, which ends in July. The normal filing deadline for 2019 tax ...
One day soon, the IRS will release its near-final version of the 2020 Form W-4 that workers are supposed to use to calculate their federal income tax withholding. The new form is intended to fully ...
WASHINGTON — Time is running out for 1.5 million taxpayers who never filled a 2019 tax return. The IRS urged taxpayers on Friday to submit a return and claim their refunds by the upcoming deadline of ...
WASHINGTON — The IRS is urging an estimated 1.5 million taxpayers who never filed a 2019 tax return to submit a return and claim their refunds by the upcoming deadline of July 17. There is roughly ...