Tax forms

The brand-new withholding form for 2020 will present taxpayers with challenges, and tax pros with opportunities, says ADP's Pete Isberg.

For tax year 2018 filings, the IRS made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners.

New guidance, rules and enforcement efforts from the IRS aim to improve cryptocurrency reporting.

The tax break included in the Tax Cuts and Jobs Act that encourages real estate investors to develop projects in economically distressed communities in exchange for deferring capital gains taxes for years has come under fire for not living up to its promise.

Here’s some advice on how to draft a winning OIC and bring higher acceptance rates to your practice.

The Internal Revenue Service and the Treasury Department released a draft version of a proposed tax form to collect information about qualified opportunity zones.

Companies will commission a cost segregation study, but its analysis never gets implemented on the tax return.

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.

Greatland Corporation, a Michigan-based specialist in wage and income reporting solutions for W-2, 1099 and 1095 forms, has acquired New Jersey-based JAT Software Inc.

The service is looking for comments on the proposed forms within 30 days.