The Internal Revenue Service has issued new guidance to reconcile advance payments of refundable employment tax credits and recapture the benefit of those credits when needed.… Read more about IRS Issues Guidance on Recapturing Excess Employment Tax Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Internal Revenue Service Commissioner Chuck Rettig had high praise for the nation’s tax professionals this week, as he addressed the IRS Nationwide Tax Forum.… Read more about IRS Commissioner Praises Tax Pros for Handling “Challenging” Tax Season (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Many taxpayers may have collectively breathed a sigh of relief on July 16, but anyone selling big-ticket items between now and the end of 2020 will still need to report large cash transactions.… Read more about IRS: e-File is Available for Form 8300 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The IRS this week published the first installment of the Security Summit’s annual data security outreach campaign: “Working Virtually: Protect Tax Data at Home and at Work.”… Read more about Working Virtually Campaign Highlights “Security Six” (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Many states are rolling back reopening plans, and the looming flu season could present additional complications. That’s why the Internal Revenue Service and Security Summit partners are developing a five-week data security campaign that focuses on remote work.… Read more about IRS Announces New Security Summit Remote-Work Campaign (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service says seniors and retirees aren’t required to take money out of their IRAs and workplace retirement plans this year.… Read more about Required Minimum Distributions on Hold for 2020 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…