CY Tax-Exempt Groups Need to File by May 17
The Internal Revenue Service is reminding some tax-exempt organizations that they face the same May 17 filing deadline as regular income tax filers.…
Tax Pros and Clients Face Final Tax Deadline
With the deadline pushed back to give practitioners and their taxpayers an extra three months to file and pay any tax due, one might think that everyone would have their returns filed by now. But some experts say they expect July 15 to be more like April 15 — only later.…
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AICPA Seeks More Time for Filing as Deadline Looms
The American Institute of CPAs is asking the Internal Revenue Service to further extend the deadline for filing and paying income taxes.…
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Treasury Secretary Mnuchin Announces New Filing Deadline
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.…
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Ways and Means to IRS: Will COVID-19 Delay Filing Deadline?
The House Ways and Means Committee yesterday sent a letter to the Internal Revenue Service to ask whether the April 15 deadline should be extended due to concerns about the coronavirus.…
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IRS Wants Farmers and Fishermen to Remember March 2 Deadline
If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.…
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2019 Filing Season to Start January 27, IRS Says
The Internal Revenue Service has confirmed that it will begin accepting and processing 2019 returns on January 27, opening the gates for millions of individual tax return filers.…
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Tax Year 2020 Annual Inflation Adjustments Revealed by IRS
A recent Internal Revenue Service press release revealed the tax year 2020 annual inflation adjustments, which affect a number of tax items, including marginal tax rates, the Alternative Minimum Tax, the Earned Income Credit, and more.…
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Hurricane Victims Who Moved Face Filing Deadline
Taxpayers of Puerto Rico, the U.S. Virgin Islands or American Samoa who were affected by last year’s hurricanes or tropical storms are reminded they face a deadline to file their 2017 federal income tax returns—and pay any tax due.…
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For IRS, the Real Work Starts After Tax Season
With the TY2017 tax season coming down to the final hours, the acting IRS commissioner feels pretty good about his agency’s performance thus far. But the big crunch, he says, comes after tax deadline…
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