TAXPAYERS WITH HIGH INCOMES, COMPLEX RETURNS: CHECK WITHHOLDING SOON TO AVOID A YEAR-END TAX SURPRISE

NSTPIndividual Taxpayers, Internal Revenue Service (IRS), IRS Withholding Calculator, Uncategorized

The Internal Revenue Service is urging high-income taxpayers and those with complex tax returns to check their withholding soon to avoid an unexpected tax bill or penalty when they file their 2018 federal income tax return in 2019.

IRS REMOVES DONOR DISCLOSURE REQUIREMENT FOR MANY TAX-EXEMPT ORGANIZATIONS

NSTPCode Section, Internal Revenue Service (IRS), Uncategorized

The revised reporting requirements contained in the Revenue Procedure will apply to information returns for tax years ending on or after Dec. 31, 2018. Thus, the revised reporting requirements generally will apply to returns that become due on or after May 15, 2019.