Freshbooks Accounting Software Invoicing Online
Home » Accounting Services » Tax forms

Category Archives: Tax forms

Feed Subscription

Auto Added by WPeMatico

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.

Read More »

IRS to resume sending balance-due notices despite pandemic

The Internal Revenue Service said Friday it would restart issuing its 500 series of balance-due notices to taxpayers later this month after they were paused on May 9 due to the COVID-19 pandemic.

Read More »

IRS changes procedure for reporting tax shelters

The Internal Revenue Service is temporarily allowing taxpayers who engage in so-called “reportable transactions,” typically tax shelters, to fax the Form 8886 for initially disclosing them to the IRS instead of mailing in the form.

Read More »

IRS says lenders don’t need to report PPP loan forgiveness

The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.

Read More »

IRS to send extra stimulus money to spouses who were due child support

The Internal Revenue Service plans to send approximately 50,000 “catch-up” economic impact payments to people whose portion of the stimulus payment was diverted by the federal government to pay their spouse’s past-due child support.

Read More »

IRS previews draft version of 1040 for next year

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.

Read More »
Scroll To Top