This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service and the Treasury Department have issued proposed regulations to help businesses navigate new carbon capture credits.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

If you would prefer to electronically file the stack of Forms 1040-X sitting on your desk, the Internal Revenue Service has some good news.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service has issued rules and guidance covering two disparate tax areas: renewable energy and retirement payments.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

When the Internal Revenue Service moved the 2020 deadline for filing individual income tax returns from April 15 to July 15, it apparently also gave millions of taxpayers a green light to wait until the last minute to file their taxes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Treasury Department has issued an additional $41 billion in Economic Impact Payments since May 8, 2020.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…