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If you're a cryptocurrency investor, you might soon hear from Uncle Sam in the form of an IRS letter detailing your tax obligations. Read Next: 13 Cheap Cryptocurrencies With the Highest ...
The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
A letter of determination is a document from the IRS that shows a retirement plan qualifies for tax-advantaged status.
Historically, 403 (b) plans were not permitted to receive a determination letter, but the IRS recently opened up a one-time application opportunity for established plans.
We're hearing from a lot of viewers about a letter they're getting from the IRS claiming they owe thousands of dollars in unpaid taxes.
After pausing during the pandemic, the IRS is sending out LT38 Notices for the first time in two years. Don't panic. Also don't ignore them.
The Internal Revenue Service (IRS) has opened a new determination letter approval program for 403 (b) retirement plans. The program allows sponsors of certain individually designed 403 (b) plans ...
The Internal Revenue Service (IRS) has begun accepting determination letter applications for individually designed 403(b) plans. An individually designed 403(b) plan is generally one that is not ...
Applicants should read the determination letter carefully for next steps. Make sure to provide updated contact information to hear back from FEMA quickly.
IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.