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The Internal Revenue Service is temporarily allowing the use of digital e-signatures on some forms that can’t be filed electronically.
August 28 -
The Internal Revenue Service plans to send approximately 50,000 “catch-up” economic impact payments.
August 25 -
The Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.
August 21 -
The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.
August 21 -
The Internal Revenue Service projects that lower levels of employment in the U.S. could persist for years, showcasing the economic fallout of the coronavirus pandemic.
August 20 -
The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.
August 17 -
The service is implementing a new temporary procedure for faxing the duplicate copy of Form 3115 for companies applying for an automatic change in accounting method.
July 29 -
Simplified 5500 Compliance Reporting Process aims to streamline the reporting requirements for employee benefit plans.
July 15 -
The proposed drafts aim to provide more clarity for partners on how to figure their U.S. income tax liability.
July 14 -
The Internal Revenue Service and the Treasury Department provided guidance to employers requiring them to report the amount of qualified sick and family leave wages they have paid to their employees under the Families First Coronavirus Response Act on Form W-2.
July 9 -
Box 7 on the 1099-MISC is moving to its own form in January 2021, and companies need to be ready.
July 9
Track1099.com -
Top division officials at the agency share updates on their compliance and service priorities.
June 19 -
The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.
June 16 -
How long should tax professionals hold onto the e-file signature authorizations of their clients? It depends on where they and their clients reside.
May 22
Wolters Kluwer -
The Internal Revenue Service posted a set of questions and answers Monday to help companies claim net operating losses and tax credits for prior years so they can get faster tax refunds in the midst of the novel coronavirus pandemic.
April 13 -
The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won’t have any record from a Form 1099 about their cryptocurrency transactions.
April 7 -
The Internal Revenue Service is now accepting email and digital signatures on tax documents to make it easier for tax professionals and taxpayers to communicate with the agency during the novel coronavirus pandemic.
March 31 -
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
March 30 -
The Internal Revenue Service is giving foreign banks and financial institutions more time to file information about U.S. taxpayers with overseas bank accounts because of the coronavirus pandemic.
March 25 -
One thing they all agree on: It hasn’t cut their workload.
March 24











