Find out how tax reform affects your businesses’ bottom line at IRS.gov
Business may find they have questions about how 2017’s tax reform legislation affects their organization and their bottom line. IRS.gov is a great place to find answers. Here are several resources on the IRS website that address tax reform. Tax reform provisions that affect businesses This is the main page for businesses. Users can link […]
Did you know it is possible to get a refund even if you didn’t make enough to be required to file a tax return?
The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may […]
IRS confirms tax filing season to begin January 28
WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the employees and their commitment to […]
Mailing Forms and Payments to the IRS
If you need to mail a return to the IRS, be sure to check IRS.gov for the most current information on where to file paper tax returns. The IRS also recommends checking any pre-printed envelopes on hand in your office, as many of the mailing addresses for tax forms, payments and correspondence have changed.
IRS Provides Q&A for Tax Year 2018 Reporting and Payments under Section 965
The Internal Revenue Service this week provided additional information in a question and answer format to help taxpayers meet their filing and payment requirements for the section 965 transition tax. The Tax Cuts and Jobs Act requires various taxpayers that have untaxed foreign earnings and profits to pay a tax as if those earnings and […]