IRS Issues New Form 1040 for Seniors
Bob Grossman
January 31, 2020
In a new release, IR-2020-24, the IRS reminds senior taxpayers of the availability of a new tax form, Form 1040-SR,
In a new release, IR-2020-24, the IRS reminds senior taxpayers of the availability of a new tax form, Form 1040-SR,
Though the U.S. House of Representatives continues to work through the ongoing impeachment proceedings, the Chamber has apparently found time
The Internal Revenue Service recently modified and updated the rules for using optional standard mileage rates to calculate the deductible
SEE ADDITIONAL RMD OPTIONS UNDER THE CARES ACT (July 2020) Taxpayers who have attained the age of 70½ must
The Internal Revenue Service has released cost-of-living adjustments to pension plans and other retirement-related items for 2020 in IR-2019-179. Many
A coverage threshold is an amount of earnings that triggers coverage under the Social Security program. The Social Security Administration
Section 199A, Qualified Business Income, which was added to the federal tax law by the Tax Cuts and Jobs Act
The Internal Revenue Service announced in IRS Notice IR-2019-157 that it would send time-limited settlement offers to certain taxpayers who
With the ups and downs of the financial markets over the last several weeks, it seems that political conversation has
A fundamental tenant of taxation under the United States Internal Revenue Code is that taxable income includes “all income from
An often discussed income tax provision in past decades has been the idea of removing the effect of inflation in
The tax changes generated by the Tax Cuts and Jobs Act (TCJA) and the resultant “simplified” Form 1040 was highly
