Over 800000 taxpayers who received incorrect Obamacare forms earlier this year will be able to apply to file their taxes on Oct. 15 instead of April 15th.
According to a recent client alert from Proskauer, in February of 2015, the Internal Revenue Services (IRS) released final forms and instructions related to information reporting under the Affordable Care Act (ACA). These forms
An investigator with the Peoria branch of the IRS has advised Peoria PD that they can now start the correction process almost immediately and place blocks on any transactions due to ID theft to the taxpayer when filing their
In another attempt to ease the filing burden for taxpayers who received late or incorrect Forms 1095-A, Health Insurance Marketplace Statement, the IRS announced that it will provide penalty relief for taxpayers. The incorrect forms generally included
If you don't know the difference between a W-2 and a W-4 or a 1040 and a 1099, you're not alone. Everyone needs to understand how every IRS tax form is used and when to use them. There are many forms that can be used to file your taxes, and using the