A reminder about tax filing deadlines coming up March 15 for S corporations and partnerships, and how to file for extensions if needed.
This article summarizes recent IRS guidance for tax practitioners when correcting e-filed returns that have been rejected. It focuses on specific steps to take, guidance on contacting the IRS e-help desk, and it addresses distinctions in handling rejections for business versus individual returns. It also offers insights into specific rules for dealing with e-filed extension rejections.
Explore the 2024 IRS Clean Vehicle Credit updates through enhanced FAQs, simplifying the process for claiming electric vehicle credits.
As digital assets grow more popular, governments and agencies are actively developing regulations to bring greater structure to the area. The IRS is increasingly focusing on how taxpayers, both individuals…
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The IRS started accepting tax returns on January 29th, but on January 31st, the House passed the Tax Relief for American Families and Workers Act of 2024, which could impact…
On January 19, 2024, the bipartisan House Ways and Means Committee advanced H.R. 7024, the “Tax Relief for American Families and Workers Act of 2024,” to the House floor by a…