Kelly Phillips Erb is a Forbes senior writer who covers tax. The Internal Revenue Service (IRS) has released the very-probably-unless-Congress-does-something-soon final version of Form 1040, U.S.
If you haven’t filed your 2020 tax return, are you still dealing with complexities created when RMDs (required minimum distributions) were waived for 2020? RMDs are mandated distributions (withdrawals ...
Nearly one million Americans have unclaimed tax refunds totally more than $1 billion, according to the Internal Revenue Service. The IRS announced that almost 940,000 people have unclaimed refunds for ...
WASHINGTON — The Internal Revenue Service estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. So, this is your reminder to not leave ...
The IRS posted guidance on Thursday about how to report the deferral of withholding, depositing, and paying of certain payroll tax obligations, as authorized by the Aug. 8, 2020, presidential ...
Millions of people were entitled to exclude up to $10,200 in 2020 unemployment benefits from income. Since the change came after tax season opened, the IRS said it would auto-correct early returns. It ...
In a memorandum dated Dec. 11, 2020, the IRS extended the period during which it will accept a number of forms for which it will temporarily allow required signatures in electronic or digital form.
Americans are running out of time to claim $1 billion in unpaid tax refunds from the IRS this year. The IRS hangs on to unpaid tax refunds for several years after the applicable tax year, but ...
This year will undoubtedly be the first time some New Yorkers learn about paying taxes on unemployment benefits. The challenges of the COVID-19 pandemic meant 2020 was the first time some Gen Z ...
The following information is from the Louisiana Workforce Commission: BATON ROUGE, La. - The Louisiana Workforce Commission (LWC) has begun the process of mailing 698,000 1099-G forms to individuals ...