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The Internal Revenue Service added new information to its frequently asked questions and answers on the new Schedules K-2 and K-3 for reporting international taxes.
April 12 -
The Internal Revenue Service has contracted with Ripcord, a startup company that does robotic digitization of documents and records, to pilot test a program to digitize filings of Form 709.
April 5 -
The Internal Revenue Service is suspending a number of notices it usually mails to tax-exempt organizations and governmental entities when it’s missing their tax returns, citing the pandemic and the IRS’s own backlog of unprocessed tax returns and correspondence.
March 28 -
Your clients with household help — such as nannies, housekeepers and senior caregivers — may be paying their workers through a mobile app like Venmo or PayPal. It’s quick and easy, but thanks to a new tax-reporting rule, it may no longer be a good idea.
March 18GTM Payroll Services -
The service has added more forms, publications and other information in Spanish Braille and other languages.
March 16 -
Over the decades, the various changes to filing rules and regulations have led to uncertainty for businesses of all sizes.
March 2Sovos -
The service has overhauled Form 14457 as it cracks down on the use of cryptocurrencies like Bitcoin to evade taxes.
February 15 -
Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.
February 10 -
The tax season that’s due to open when the Internal Revenue Service begins accepting tax returns next Monday is promising to bring a host of challenges.
January 20 -
The service has been stepping up its efforts to provide tax information and resources to underserved communities, but more work is needed, according to a new report.
December 29