IRS is sending out collection letters for the first time in 2 years. Here's what to know.
The IRS is sending out what it calls an "LT38 Notice" to let you know that during the pandemic some collection notices were ...
Kiplinger3 年
So You Got a Letter from the IRS
What year is the IRS reviewing? What exactly are they asking for? What are they claiming is missing from your return? Letters resulting from a 1099 audit often include a “notice of proposed ...
TheStreet.com4 年
Don't fear the tax man: Handling IRS letters and notices
The IRS will almost certainly send you a letter or notice when you have unpaid taxes due. Here's some tips for handling IRS letters and notices. Regardless of the reason the IRS is contacting you ...
IRS Tax Penalties May Be Changing for American Hostages
The Stop Terror-Financing and Tax Penalties on American Hostages Act was passed Thursday and now heads to the president's ...
IRS Denied Your Employee Retention Credit (ERC) Claim — Now What?
IRS is sending out thousands of denial letters on Employee Retention Credit (ERC) claims. What steps can you take and should you take in response to a denial letter.
The Savings Game: How to minimize IRS penalties and interest
No one likes to pay penalties to the IRS when they fail to follow IRS regulations. In this column I’ll explain some ways to ...
JournalofAccountancy5 天
IRS again delays effective date of $600 threshold for Form 1099-K reporting
The delay, the third by the IRS for Form 1099-K reporting for third-party settlement organizations, will treat 2024 and 2025 as transition years.