by | Jul 10, 2020 | Tax Tips and News
The American Institute of CPAs is asking the Internal Revenue Service to further extend the deadline for filing and paying income taxes. The deadline for filing and payment of tax due is July 15, and the IRS says the agency won’t push back the deadline further....
by | Jul 8, 2020 | Tax Tips and News
The Internal Revenue Service says it has expanded its list of retail partners who accept cash payments for federal taxes. This cash payment option is available for individual and business taxpayers alike. The IRS has a continuing partnership with ACI Worldwide’s...
by | Jul 7, 2020 | Tax Tips and News
The Internal Revenue Service has a little excess cash it would like to get rid of. It comes in the form of unclaimed income tax refunds for taxpayers who didn’t file a 2016 tax return. The unclaimed refunds are worth some $1.5 billion and the IRS says about 1.4...
by | Jul 2, 2020 | Tax Tips and News
The office closures suffered by the Internal Revenue Service during the opening weeks of the coronavirus pandemic lead to a near shutdown of the agency’s audit program, a new report suggests. Between April 1 and July 15, the IRS did not start new field, office, or...
by | Jul 1, 2020 | Tax Tips and News
The Internal Revenue Service has some bad news for taxpayers hoping that the tax filing and payment deadlines would get pushed back again. In a recent IRS Newswire press release, the agency said taxpayers should either file their tax return or an extension by July 15....
