Leaders of the House Ways and Means Committee want the Internal Revenue Service to assist taxpayers who are getting information returns in the mail for unemployment benefits they never received.
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Feed SubscriptionLawmakers tell IRS to stop sending incorrect tax delinquency notices
Two leaders of Congress’s main tax committee are questioning why the Internal Revenue Service keeps sending notices to taxpayers about missing returns when it’s still catching up on unprocessed mail.
Read More »IRS wrongly told 100,000+ taxpayers it was reducing their stimulus payments
The Internal Revenue Service mistakenly sent letters to many taxpayers saying it would be reducing their Economic Impact Payments to pay off the taxes they owed.
Read More »New IRS form lets self-employed claim sick and family leave credits
The Form 7202 helps SE individuals who couldn’t work because of the coronavirus.
Read More »Forms 2848 and 8821 are now online
Tax pros can now submit powers of attorney and tax information authorizations electronically.
Read More »IRS offers option when PPP loan forgiveness is denied
Businesses who didn’t receive forgiveness on their Paycheck Protection Program loans can now claim a tax credit instead, thanks to a provision in last month’s coronavirus stimulus package.
Read More »IRS revamps application for 501(c)4 tax-exempt status
The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.
Read More »IRS overlooks billions in potential taxes from nonfilers
The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported.
Read More »IRS removes one of four options to correct foreign reporting
Consider acting swiftly to correct international tax form mistakes.
Read More »IRS issues details on W-2 reporting on payroll tax deferral
The Internal Revenue Service has posted instructions for both employers and employees about how to handle the Form W-2 reporting for the payroll tax deferral under President Trump’s executive action.
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