by taxPRO Websites Staff | Oct 27, 2020 | Tax Tips and News
The Internal Revenue Service Return Preparer’s Office is reminding tax professionals about the PTIN renewal deadline and Annual Filing Season Program perks. According to the Friday IRS newsletter, the RPO is set to send two separate messages: one to all current...
by taxPRO Websites Staff | Oct 27, 2020 | Tax Tips and News
Taxpayers dealing with the fallout from wildfires in California and Hurricane Delta in Louisiana yesterday received some good news from the Internal Revenue Service. Following the Federal Emergency Management Agency’s disaster declarations for affected areas, the IRS...
by taxPRO Websites Staff | Oct 27, 2020 | Tax Tips and News
This week has been set aside by the Internal Revenue Service and charitable organizations across the globe to highlight their annual International Charity Fraud Awareness Week (ICFAW). The week brings together those in the charity and not-for-profit circles to raise...
by taxPRO Websites Staff | Oct 27, 2020 | Tax Tips and News
The Internal Revenue Service has released an early draft of the instructions to Form 1065, U.S. Return for Partnership Income for tax year 2020 (filing season 2021). The changes include revised instructions for partnerships that are required to report capital accounts...