IRS Extends Contribution Due Dates for IRAs and HSAs to May 17
Following an announcement from the Internal Revenue Service earlier this month extending the filing date for individual tax returns from ...
Tag: IRS
Financial Trade Groups Address Confusion Around Economic Impact Payment Date
In response to confusion about when consumers can access the latest round of economic impact payments, the American Bankers Association ...
Are Higher Taxes on the Horizon?
With Democrats now in control of the White House and Congress, tax increases could be on the horizon.
SBA Issues Updated Guidance on COVID-19 Relief for 7(a), 504, Microloans
The Small Business Administration last night issued several notices providing updated guidance on various COVID-19 relief programs.
IRS Publishes Information Reporting Guidance on SBA, Other Subsidies
he Internal Revenue Service today issued guidance addressing various tax information reporting issues that arose as a result of taxpayer ...
IRS to Delay Start of Tax Filing Season
The Internal Revenue Service announced today that it will delay the start of tax filing season until Feb. 12.
IRS Recommends Streamlining, Modernizing Improvements to Congress
The Internal Revenue Service has submitted a report to Congress—as required by the 2019 Taxpayer First Act—outlining a strategic plan ...
IRS Changes Course Again on EIPs; Will Reissue Misdirected Payments
The Internal Revenue Service today announced that—in a reversal of previous guidance—it will reissue payments for taxpayers who did not ...
IRS Issues Additional Information for EIP Recipients
As the Internal Revenue Service continues to address the error that caused millions of economic impact payments to be incorrectly ...
IRS Changes Course on EIP Processing Error Resolution
The IRS today issued additional instructions in an attempt to remedy the processing error that led to millions of economic ...
