With the start of the 2020 tax filing season near, the Internal Revenue Service is reminding taxpayers to avoid unethical “ghost” tax return preparers.
Some businesses and other payers take out backup withholding from payments they make to certain people. These entities have an upcoming filing deadline.
The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), among other items, changed the requirement for minimum distributions from qualified plans and IRAs.
The Internal Revenue Service successfully opened the 2020 tax filing season on January 27th as the agency begins accepting and processing federal tax returns for tax year 2019.