IRS News

IRS

IRS to recalculate taxes on unemployment benefits; refunds to start May 2021

Section 529 plans

Emergency aid granted to students due to COVID-19 is not taxable

IRS Tax Deadlines

IRS extends filing and payment deadlines for tax year 2020

Accountant working remotely

IRS provides guidance for employers claiming the Employee Retention Credit for 2020

Security

How the IRS protects taxpayers from tax-related identity theft

Debt-collection

What to tell clients who can’t pay

Sign a tax form

Common tax-filing errors to avoid

tax reform

Returns can be submitted electronically to IRS starting Jan. 28, 2021

IRS and tax professionals

2021 tax filing season begins Feb. 12, 2021

U.S. Flag

2021 Tax Rates Quick Reference Guide: Tax Brackets, Tax Tables & More

Form 1099

Due Feb. 1, 2021: Form 1099-NEC for tax year 2020

Capitol Building

Taxpayers can now file amended returns electronically