Taxpayers who paid too little tax during 2019 can still avoid a tax-time surprise by making a quarterly estimated tax payment now, directly to the Internal Revenue Service.
In a memorandum, the IRS's Small Business/Self-Employed (SB/SE) Division has said that it will not allow a §199A QBI (qualified business income) deduction on IRS-prepared substitute returns.
The Internal Revenue Service confirmed that the nation’s tax season will start for individual tax return filers on Monday, January 27, 2020, when the tax agency will begin accepting and processing
Taxpayers in the private debt collection program now have a new option for paying what they owe. Taxpayers can now make private debt collection payments with a pre-authorized direct debit.