Those who own or control financial or bank accounts that are in a foreign country have some reporting to do, and soon. They have to file an annual Report of Foreign Bank and Financial Accounts—also known as the FBAR—on or before April 15.… Read more about FBAR Deadline is April 15 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
The Internal Revenue Service is going the extra mile to ensure taxpayers have the newest information on the third-round Economic Impact Payment.… Read more about IRS Updates FAQs on Third-Round Economic Impact Payments (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Now that the Internal Revenue Service has mailed Letters 6475 to all the taxpayers who got third-round Economic Impact Payments (EIPs), there’s only one door left open to those who didn’t get the full… Read more about IRS Sends EIP3 Letters (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
The Internal Revenue Service has issued a new set of frequently asked questions (FAQs) covering the unemployment compensation exclusion for the 2020 tax year.… Read more about IRS Updates FAQs on 2020 Unemployment Compensation Exclusion (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
The Internal Revenue Service is cautioning taxpayers with virtual currency not to skip over a small, but vitally important, part of their Form 1040 this year.… Read more about IRS Issues Virtual Currency Transactions Reminder (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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Kelly Cutshall, CPA, PLLC