Category: IRS News

The IRS recently released an FAQ related to the CARES Act provision allowing employers to defer their portion of Social Security taxes payable on employee wages.

The IRS announced on April 9 additional automatic extensions of time to file certain tax returns and pay any taxes due. 

As part of the Affordable Care Act, Tax Form 1095 was introduced to relay proof of your health insurance coverage. Here’s what you need to know about it.

If you are starting a new job in 2020 or if you want to adjust the amount of income tax withheld from your paycheck, the form that you’ll have to complete and give to your employer will look much different.