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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.

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In the blogs: Regards from Mickey

Down on Main Street; the non-filer initiative; refund interest; and other highlights from our favorite tax bloggers.

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In the blogs: Unending battles

Trusts and taxes; recovering revenues; advising clients who needed more than three extra months; and other highlights from our favorite tax bloggers.

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IRS Commissioner addresses tax pros on unprecedented tax season

IRS Commissioner Chuck Rettig expressed his appreciation to tax professionals Tuesday for their cooperation during the extended tax season that was prolonged by the novel coronavirus pandemic and pledged to deliver any future stimulus payments approved by Congress.

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New York State accuses tax prep companies of hiding free software

New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free ...

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In the blogs: COVID operations

Next round of relief — and infighting; challenges and pitfalls at the IRS; Biden’s ideas; and other highlights from our favorite tax bloggers.

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