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Consider acting swiftly to correct international tax form mistakes.

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.

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.

The technology is aimed at helping taxpayers navigate the agency’s website.

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.

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.

The IRS has pushed back filing and payment deadlines for affected taxpayers.

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.

The Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.

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.