The IRS is reporting on the website that victims of identity theft who sent them a Form 14039 or Form 14039-B, Identity Theft Affidavit, that is usually takes within 120 days for cases to be resolv
Though often thought of as a major tax type, corporate income taxes accounted for an average of just over 7 percent of state tax collections and 4 percent of state general revenue in FY 2021.
Note from Editor: Attend the NSTP webinar, “Cryptocurrency, A 3-Part Series,” for an in-depth discussion of the taxation issues facing the tax professional.
Businesses or other payers required to take backup withholding funds from payments should make sure they have a few upcoming filing deadlines on their calendar.