It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...
The $1.9 trillion stimulus package that Congress aims to send to President Biden this week may make tax filing even more complex. For some Americans who have already filed, it may mean they need to ...
Tax authorities have issued a new revenue procedure that explains how taxpayers can act on recent law changes, including making elections, filing amended returns, and changing accounting methods. The ...
Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...
EAST PALESTINE, Ohio (WKBN) — An IRS service event will be held at the end of the week for East Palestine residents who may need to file amended tax returns. The event, made possible through ...
It’s almost that time of year: Tax season. And while the IRS hasn’t officially announced when tax season begins for 2025, tax experts anticipate the agency will begin accepting returns between Jan. 15 ...
Tax season in 2026 is built around a single pivotal date: the day the Internal Revenue Service opens the electronic ...
The IRS released guidance Thursday in Rev. Proc. 2025-28 advising taxpayers how to handle making various elections, filing amended returns, and changing accounting methods for research or experimental ...