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Every tax season, the IRS comes out with various warnings and reminders to taxpayers about how to avoid problems with their filings. Usually, this is in response to common mistakes that taxpayers...
The filing deadline to submit 2022 tax returns (or an extension to file and pay tax owed) is Tuesday, April 18, 2023. Taxpayers requesting an extension will have until Monday, Oct. 16, 2023, to file.
Finally, the IRS is reminding taxpayers transactions that earned them $600 or more must be reported, including ones made on third-party apps like Venmo. Prior to 2022, tax forms were required only ...
The IRS is reviewing and redesigning around 170 million tax notices it sends to individuals each year to make them shorter and simpler.
Doing your taxes can be stressful enough, but this time of year you also have to be extra vigilant about IRS-impersonation scams. Taxes 2023: How to avoid scams this filing season [Video] Skip to ...
Although the IRS statement did not name specific states, Accounting Today reported that the warning “seems to apply mainly” to taxpayers in California, which offered a Middle-Class Tax Refund ...