IRS: Retroactive Tax Benefits Help Many People Now Preparing 2020 Returns
WASHINGTON, D.C. — The Internal Revenue Service is providing an overview of some of the key tax provisions in the American Rescue Plan Act.
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Free Online Filing Option for PA Income Tax Returns, Payments
HARRISBURG, PA — With the deadline to file 2020 Pennsylvania personal income tax returns and make final 2020 income tax payments approaching on May 17, 2021, the Department of Revenue is reminding …
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IRS on Taxability of Dependent Care Assistance Programs for 2021, 2022
WASHINGTON, D.C. — The Internal Revenue Service has issued guidance on the taxability of dependent care assistance programs for 2021 and 2022, clarifying that amounts attributable to carryovers or an …
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Pennsylvania Collected $4.0 Billion in April, $28.2 Million More than Anticipated
HARRISBURG, PA — Pennsylvania collected $4.0 billion in General Fund revenue in April, which was $28.2 million, or 0.7 percent, more than anticipated, reported Revenue Secretary Dan Hassell. Fiscal year-to-date …
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USDA: The American Families Plan Honors America’s Family Farms
WASHINGTON, D.C. — The American Families Plan includes critical tax reform to ensure that the wealthy pay their fair share of taxes in order to finance essential investments in workers and …
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Electronic Options on IRS.gov Are Available 24/7
WASHINGTON, D.C. — The Internal Revenue Service is urging taxpayers and tax professionals to continue using electronic options to speed the processing of tax returns, refunds and payments. IRS.gov showcases many task-based …
Read More IRS: Steer Clear of Typical Tax Return Errors; May 17 Deadline Nears
WASHINGTON, D.C. — The Internal Revenue Service is reminding taxpayers to check their tax returns for common errors that could delay refunds or otherwise affect normal processing. Here are some …
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IRS Free File Can Help People with No Filing Requirement Find Overlooked Tax Credits, Get a Refund
WASHINGTON, D.C. — The Internal Revenue Service is urging low- and moderate-income individuals and families, especially those who don’t normally file a tax return, to use IRS Free File to …
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IRS Suspends Requirement to Repay Excess Advance Payments of the 2020 Premium Tax Credit
WASHINGTON, D.C. — According to the Internal Revenue Service, the American Rescue Plan Act of 2021 suspends the requirement that taxpayers increase their tax liability by all or a portion …
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IRS: Annual Report of Foreign Bank and Financial Accounts Is Still April 15, 2021
WASHINGTON, D.C. — The Internal Revenue Service is reminding U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and …
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