Tax Pros and Clients Face Final Tax Deadline

With the deadline pushed back to give practitioners and their taxpayers an extra three months to file and pay any tax due, one might think that everyone would have their returns filed by now. But some experts say they expect July 15 to be more like April 15 — only later.… Read more about Tax Pros and Clients Face Final Tax Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Opening IVES to New Requests on July 14

The Internal Revenue Service today issued an IVES Program update announcing that the Income Verification Express Services (IVES) will start accepting new submissions on Tuesday, July 14, 2020.… Read more about IRS Opening IVES to New Requests on July 14 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

AICPA Seeks More Time for Filing as Deadline Looms

The American Institute of CPAs is asking the Internal Revenue Service to further extend the deadline for filing and paying income taxes.… Read more about AICPA Seeks More Time for Filing as Deadline Looms (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Expands Cash Payment Options

The Internal Revenue Service says it has expanded its list of retail partners who accept cash payments for federal taxes. This cash payment option is available for individual and business taxpayers alike.… Read more about IRS Expands Cash Payment Options (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

$1.5 Billion in Unclaimed Refunds Await 2016 Filers

The Internal Revenue Service has a little excess cash it would like to get rid of. It comes in the form of unclaimed income tax refunds for taxpayers who didn’t file a 2016 tax return.… Read more about $1.5 Billion in Unclaimed Refunds Await 2016 Filers (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Audits Slashed During IRS Pandemic Shutdown

The office closures suffered by the Internal Revenue Service during the opening weeks of the coronavirus pandemic lead to a near shutdown of the agency’s audit program, a new report suggests.… Read more about Audits Slashed During IRS Pandemic Shutdown (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…