AICPA Backs IRS Expansion of e-Signatures
When the Internal Revenue Service announced this summer, it was temporarily expanding the use of e-signatures on IRS forms, a number of professional tax groups applauded.…
JofA Releases Results for 2020 Tax Software Survey
One year removed from dealing with once-in-a-generation tax law changes, tax professionals faced another uncertain filing season in 2020.…
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IRS OKs Temporary Use of e-Signatures on Certain Forms
The Internal Revenue Service has approved the use of e-signatures on certain forms that can’t be filed electronically. The move comes in response to the coronavirus pandemic, in order to protect the health of taxpayers and tax pros alike.…
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50,000 to Get “Catch-Up” Economic Impact Payments
Some 50,000 individuals who had a portion of their Economic Impact Payment diverted to pay their spouse’s past-due child support will soon get a check to make up the difference.…
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IRS Offers Disaster Relief to California and Iowa Taxpayers
Taxpayers in California and Iowa have a little extra time to file their tax returns and pay tax due, thanks to relief measures announced by the Internal Revenue Service.Victims of California wildfires…
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Aug. 31 is the Deadline to Return Distributions to Retirement Accounts
IRA owners, beneficiaries and workplace retirement plan participants who got a Required Minimum Distribution (RMD) this year have until Aug. 31 to rollover or repay the distribution in order to avoid being taxed on the payments.…
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Make a Plan to Protect Your Data and Report Theft
The Internal Revenue Service and its partners on the Security Summit are reminding the nation’s tax professionals that having a written information security plan is more than just a good idea—it’s the law.…
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IRS Announces Interest Payments to 13.9 Million Refund Recipients
Receiving a tax refund might be the only thing people like about filing their return, and it looks like some taxpayers are about to get just a little more money from the Department of Treasury.…
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Taxpayers Should Renew Their ITIN Early
The Internal Revenue Service today recommended that taxpayers with an expiring Individual Taxpayer Identification Number renew it early to make sure their tax year 2020 refund isn’t delayed.…
Truckers Reminded to e-File Highway Use Tax Return by August Deadline
The Internal Revenue Service is reminding owners of most heavy highway vehicles to timely file their Form 2290, Heavy Highway Vehicle Use Tax Return.…
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