“Making this decision in a timely manner will allow the IRS to implement Congress’s decision without unnecessary disruptions and delays to the upcoming 2015 tax filing season, and it will provide certainty for millions of taxpayers who are affected by the expired provisions,” Koskinen wrote Monday to the leaders of the Senate Finance Committee and…
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New IRS Publication Helps You Find out if You Qualify for a Health Coverage Exemption Taxpayers who might qualify for an exemption from having qualifying health coverage and making a payment should review a new IRS publication for information about these exemptions. Publication 5172, Health Coverage Exemptions, which includes information about how you get an…
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Leaves No Doubt About Your Increased Reporting Responsibilities If you had any doubts about the impact of the Affordable Care Act on your upcoming tax season, the IRS has laid that to rest with the release of EIGHT draft forms for Obamacare compliance. The release includes the following: Form 1094-B, the draft form for…
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The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use tax return is due on Tuesday, Sept. 2, 2014. This year’s Sept. 2 due date, pushed back two days because the normal Aug. 31 deadline falls on a Sunday, generally applies to Form…
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