IRS issued guidance on state special payments
Early this month, The IRS has requested the delaying the tax return filing due to some issues related with state special payments. And The IRS provided details today clarifying the federal tax status involving special payments made by 21 states...
Amended returns by e-filing are allowed for direct deposit
The IRS announced that people electronically filing Form 1040-X (Amended U.S Individual Income Tax Return) will be able to select direct deposit for any resulting refund. Previously, taxpayers who filed Form 1040-X with had to wait for a paper check...
The filing of 2022 tax return has started on Jan 23 (Deadline on Apr 18)
The IRS is now accepting and processing 2022 tax returns. Taxpayers have to file their taxes until April 18 this year, but some taxpayers living overseas and disaster victims may have later filing deadlines. Alabama, California and Georgia storm victims...