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 ...
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 ...
Kiplinger1 年
Californians Received Another IRS Tax Deadline Letter
The new mailing, a CP14CL notice, arrived in taxpayer mailboxes in 2023. The IRS says the letters, which include additional information designed to help taxpayers understand how the extended tax ...
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 ...
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 ...
Nothing Lasts Forever: IRS Employee Retention Credit Voluntary Disclosure Program Ends Soon
The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...
JournalofAccountancy7 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.