IRS Targets Non-Filers for EIPs

IRS Targets Non-Filers for EIPs

The Internal Revenue Service says it will start sending out letters this month to a group of taxpayers that may have missed out on receiving Economic Impact Payments (EIPs). The letters, aimed at some 9 million Americans who don’t normally file a federal income tax...
AICPA Backs IRS Expansion of e-Signatures

AICPA Backs IRS Expansion of e-Signatures

When the Internal Revenue Service announced this summer, it was temporarily expanding the use of e-signatures on IRS forms, a number of professional tax groups applauded. One of those is the American Institute of CPAs (AICPA). Now the group is recommending the...
IRS OKs Temporary Use of e-Signatures on Certain Forms

IRS OKs Temporary Use of e-Signatures on Certain Forms

The Internal Revenue Service has approved the use of e-signatures on certain forms that can’t be filed electronically. The move comes in response to the coronavirus pandemic, in order to protect the health of taxpayers and tax professionals alike. The change helps...
50,000 to Get “Catch-Up” Economic Impact Payments

50,000 to Get “Catch-Up” Economic Impact Payments

Some 50,000 individuals who had a portion of their Economic Impact Payment diverted to pay their spouse’s past-due child support will soon get a check to make up the difference. The Internal Revenue Service says the catch-up payments are due to be issued in...
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