The Internal Revenue Service is extending the deadline for those who typically don’t file a tax return to get their information in for a stimulus check of $1,200 or more. Here's what you need to do to get the money.
IRS sets end date for faxing tax refund claim forms amid coronavirus: The Internal Revenue Service is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045… ^ @AccountingToday #Tax #Accounting #CPA
IRS changes procedure for reporting tax shelters: The Internal Revenue Service is temporarily allowing taxpayers who engage in so-called “reportable transactions,” typically tax shelters, to fax the Form 8886 for… ^ @AccountingToday #Tax #Accounting #CPA
Democrats ask IRS to check on Trump-audit political meddling: Two top Senate Democrats asked Treasury Department and Internal Revenue Service watchdogs to investigate whether there’s been political interference in… ^ @AccountingToday #Tax #Accounting #CPA
IRS chief grilled about performance during coronavirus crisis: Internal Revenue Service commissioner Chuck Rettig heard complaints from lawmakers about their constituents missing stimulus payments. ^ @AccountingToday #Tax #Accounting #CPA
"Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million."
? NEWS RELEASE: Letitia James Files Suit Against Trump Treasury Department and Internal Revenue Service Over Failure To Provide Legally-Required Information