A reminder from the Internal Revenue Service might be called a taxpayer’s best last chance. Those taxpayers who found they may have failed to hold out enough from their income to cover their federal income taxes still have one more shot at avoiding a big surprise tax bill and escaping a possible penalty.… Read more about IRS Issues Reminder for Estimated Tax Payment Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

No doubt about it: The future for the IRS is electronic.
The agency is putting more and more formerly paper-only functions on its electronic platform, speeding up transmission and improving service as a result.… Read more about Form 1024 Revised for Electronic Filing (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Victims of the New Year wildfires in Colorado now have one less thing to worry about. The Internal Revenue Service has given individual and business taxpayers affected by the disaster until May 16 to… Read more about Tax Relief Coming to Colorado Wildfire Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping.… Read more about IRS Wants Taxpayers to Save ACTC and EIP Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Taxpayers who took advantage of some tax-relief measures during the dark days of the COVID-19 pandemic are being reminded that’s it’s now time to pay up.… Read more about Deferred Social Security Payments Due in 2022 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

In November 2021, Drake Software and Right Networks collaborated on a three-part series highlighting different software solutions available to tax professionals.… Read more about Why Host Drake Software with Right Networks? (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…