by admin my_tax | Dec 15, 2020 | Tax Tips and News
The Internal Revenue Service has issued Notice 2020-86, addressing certain parts of the SECURE Act that affect safe harbor plans—including safe harbor 401(k) plans and some 403(b) plans.… Read more about New IRS Guidance Eases Burdens on Certain Safe Harbor Plans...
by admin my_tax | Dec 11, 2020 | Tax Tips and News
The tax-filing season will be upon us before we know it, so the Internal Revenue Service is urging taxpayers to take actions now to help ensure they can file timely and accurate returns in 2021.… Read more about What’s New, What to Consider When Filing in 2021 (Feed...
by admin my_tax | Dec 8, 2020 | Tax Tips and News
The Internal Revenue Service is giving employers a friendly nudge to remind them that their Forms W-2 and other wage statements have to be filed by Feb. 1, 2021, to avoid penalties.… Read more about 2021 Deadline for W-2s Closer Than You Think (Feed generated with...
by admin my_tax | Dec 4, 2020 | Tax Tips and News
Businesses should be on high alert as thieves try to use their stolen names and data to file fraudulent income tax returns. The warning comes from the Internal Revenue Service, state tax agencies and tax industry partners who make up the Security Summit partnership.…...
by admin my_tax | Dec 3, 2020 | Tax Tips and News
Taxpayers who want to make it harder for identity thieves to successfully file a fraudulent tax return using their information will soon be able to sign up for an IP PIN. Starting in January 2021, the Internal Revenue Service says it will allow any taxpayer to sign up...