Newly proposed regulations on tax-free reorganizations and spinoffs would add significant compliance and reporting ...
Taxpayers would have an additional filing requirement with the IRS (given the Form 7216 is still in draft form, it is unclear whether delayed filing or failure to file such form would result in ...
Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...
The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third ...
CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...
The Salina Area United Way’s popular free tax preparation program which began in February is winding down. The Volunteer ...
Here's when the last day to file taxes is, what documents you'll need, a quick breakdown on some new forms for the 2024 and 2025 tax season and how to track your tax refund. When is the last day ...
Form 7217, Partner’s Report of Property Distributed by a Partnership, debuted for 2024, intended to apprise the IRS of factors in a partner’s basis computation.
If you fail to include important income documentation forms with your tax return, the likelihood of an audit from the IRS ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...