Tax filing season will be here soon.

The GAO is issuing a new report related to Refundable Tax Credits and Paid Preparers.

NSTP representatives recently attended an IRS meeting where the announcement was made about a new IRS internet portal that will be able to electronically create and send the series of Form(s) 1099

https://www.irs.gov/pub/irs-pdf/p5461d.pdf

November 10, 2022

The 2023 Enrollment Renewal Application Period is open from November 1, 2022 through January 31, 2023. Per U.S. Treasury Department Circular No. 230 (Rev.

The Internal Revenue Service had 4.4 million unprocessed individual returns received this year as of October 28, including tax year 2021 returns and late-filed returns from the prior year, as IRS f

Daniel Werfel, a former acting commissioner of the Internal Revenue Service during the Obama administration, has been nominated as the next commissioner of the IRS by the Biden administration, acco

Before 2022, Form 1099-K reporting was only required when a third-party settlement organization (TPSO) made more than 200 payments to a payee AND those payments totaled more than $20,000 for the ye