It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...
The IRS released Tax Tip 2024-38, April 25, 2024, to explain to taxpayers how to amend a tax return. If a taxpayer discovers an error after filing their return, the ...
Federal tax authorities released a revenue procedure offering step-by-step instructions for taxpayers navigating a ...
Filing an amended tax return can be a tedious and time-consuming process, but staying on top of the status of your return is crucial to avoid any potential issues. By monitoring your amended return, ...
Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...
What you need to know: If you need to amend your Individual Income Tax Return, file a new return with the corrected information and include a completed Schedule AMD. Check to see if your software ...
If you can’t make the April 15 federal tax deadline, you should request an extension before the date passes. Otherwise, you could get hit with expensive penalties. “One important cautionary note for ...
EAST PALESTINE, Ohio (WKBN) — An IRS service event will be held at the end of the week for East Palestine residents who may need to file amended tax returns. The event, made possible through ...
If you're unable to file your 2024 federal income tax return by the standard deadline of April 15, 2025, you risk facing penalties and interest on any unpaid taxes. The traditional penalty for an ...