In News Release IR-2021-67 the Internal Revenue Service announced that individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. This confirms that ...
On April 10, 2020, the IRS issued Notice 2020-23 that postponed numerous time-sensitive acts – many of which are IRA related. Included in this list of time-sensitive acts are IRA ...
The IRS has posted a final version of the 2020 Instructions for Forms 1099-R and 5498. Form 5498 IRA providers are required to report repayments of Qualified Birth or Adoption Distributions ...
The IRS has now posted two different draft versions of the 2020 Instructions for Forms 1099-R and 5498. The first draft was posted on January 16, 2020, and the second draft ...
The Internal Revenue Service (IRS) issued a notice of proposed rulemaking relating to penalties for failure to file correct information returns or furnish correct payee statements. These payee statements include ...
The IRS posted the 2018 Instructions Forms 1099-R and the Form 5498, IRA Contributions Information, which made modifications to the following: Box 13a that was previously labeled “Postponed contribution” has ...