The Internal Revenue Service is telling companies they will need to start electronically filing their forms reporting cash payments over $10,000, starting Jan. 1, 2024. The IRS said Wednesday that ...
Beginning in 2024, businesses must e-file Forms W-2 and other information returns if the total number is 10 or more. Do you e-file your W-2s and 1099s? You might have to start, thanks to the new IRS e ...
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Most taxpayers are interested in filing their taxes directly to the IRS for free, a new report says, and that option will be tested next year. The IRS has spent the past nine months studying whether U ...
A view of the IRS headquarters in Washington, D.C. (Photo by Stefani Reynolds / AFP via Getty Images) Select taxpayers in 13 states will have the option to participate next year in the IRS’s ...
Based on comments from withholding agents about difficulties in transitioning to the electronic filing of Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, the IRS ...
Bolstered by the Inflation Reduction Act, the IRS has spent the last several months quietly building its own free e-filing service. Share on Facebook (opens in a new window) Share on X (opens in a new ...
The Internal Revenue Service offered information about how business owners can avoid electronically filing their income tax forms if it violates their religious beliefs. In Notice 2024-18, released ...
As any tax professional knows it can take up to 45 days for the IRS to authorize new e-file provider applications. The 2014 tax season is right around the corner and time is running out to apply.
The U.S. Department of the Treasury and the IRS have announced that the number of states offering Direct File will double in Filing Season 2025—to 24. The U.S. Department of the Treasury and the IRS ...
As the Internal Revenue Service contends with a cut of over $21 billion in the debt-ceiling deal, it should focus on cost-efficient ways to maintain and improve our vital taxation system. It should ...
The Eleventh Circuit held that the holding in Boyle, 469 U.S. 241 (1985), that a taxpayer who relies on an agent to paper-file a return lacks reasonable cause for the agent’s failure to file the ...