Business interest expense election guidance for farming, real estate
IRS Tax News – Business interest expense election guidance for farming, real estate Real property or farming trades or businesses can withdraw their decision to elect out of Sec. 163(j)’s business interest expense limitation for a 2018, 2019, or 2020 tax...IRS Announces Online EIP Registration Tool for Non-Filers
The IRS unveiled a new online tool to help non-filers register to receive an Economic Impact Payment (EIP): the “Non-Filers: Enter Payment Info Here” feature on IRS.gov.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
The IRS Isn’t Processing Paper Tax Returns
The Internal Revenue Service has temporarily stopped processing paper tax returns, urging taxpayers to e-file instead.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Upstate Tax Professionals