Final regulations (T.D. 9972) requiring certain companies to e-file their tax returns and other documents will take effect in 2024, the IRS said Tuesday. The final regulations reduce the threshold for ...
The Internal Revenue Service proposed regulations lowering the threshold so more employers will need to electronically file information returns such as W-2 and 1099 forms instead of filing them on ...
In just a few months, many small-to-medium-sized corporations will be required to join a growing trend — e-filing, the electronic filing of their tax returns and forms such as W-2s and 1099s. It’s ...
After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.
The IRS is mulling a massive transformation to the way Americans file their taxes. As Americans prepare for the upcoming filing deadline, the IRS is studying how it could build its own online filing ...
Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...
The Trump administration has ended the federal government’s offering of a nationwide free e-filing program for federal income ...
Ongoing processing backlogs of paper-filed returns point to the IRS’s need for a systemwide strategy to increase electronic return filing, the Treasury Inspector General for Tax Administration (TIGTA) ...
To radically scale up its electronic filing, the IRS will make e-filing mandatory for an estimated 30,000 corporations and nonprofits during the next two years—even though it only began accepting ...
Under U.S. law, any individual or business who receives more than $10,000 in one transaction or a series of related transactions, while conducting their trade or business, must report it to the ...