Tax Blog

Tips to help you prepare for tax season

TIGTA Finds Lapse in High-Income Nonfiler Audits

TIGTA Finds Lapse in High-Income Nonfiler Audits

This audit looked specifically at whether the IRS is effectively addressing high-income nonfilers and if the agency’s new nonfiler strategy includes wealthy nonfilers.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Unveils Proposed Regulations for Carbon Capture Credits

IRS Unveils Proposed Regulations for Carbon Capture Credits

The Internal Revenue Service and the Treasury Department have issued proposed regulations to help businesses navigate new carbon capture credits.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Announces E-File Support for Form 1040-X

IRS Announces E-File Support for Form 1040-X

If you would prefer to electronically file the stack of Forms 1040-X sitting on your desk, the Internal Revenue Service has some good news.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Delayed Deadline Lets Tax Filings Lag

Delayed Deadline Lets Tax Filings Lag

When the Internal Revenue Service moved the 2020 deadline for filing individual income tax returns from April 15 to July 15, it apparently also gave millions of taxpayers a green light to wait until the last minute to file their taxes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Updates Economic Impact Payment Statistics

IRS Updates Economic Impact Payment Statistics

The Treasury Department has issued an additional $41 billion in Economic Impact Payments since May 8, 2020.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

About Me

Wilcox Accounting and Tax Services

14 Jamestown St. Randolph, NY 14772


PHONE: 716-358-4426 | E-MAIL: susan@wilcox.tax

June 2020
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14 Jamestown St.
Randolph, NY 14772

PHONE: 716-358-4426 
E-MAIL: susan@wilcox.tax

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