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TAS Warns of Ban for Improperly Claiming Some Credits

The nation’s Taxpayer Advocate wants taxpayers to know there’s a downside to having too much of a good thing. In this case, it refers to making excessive or improper claims to qualify for a number of tax credits.… Read more about TAS Warns of Ban for Improperly Claiming Some Credits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

FBAR Deadline is Still April 15

While the deadline for filing federal income taxes has been pushed back to May 15 because of the COVID-19 pandemic, those who file an annual Report of Foreign Bank and Financial Accounts (FBAR) still face their same April 15, 2021 due date.… Read more about FBAR Deadline is Still April 15 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…