Major tax legislation usually causes a period of confusion as taxpayers and tax professionals wait for official guidance on complex provisions. The American Rescue Plan Act of 2021 is no different.…

Read more about Consider Amending Returns That Didn’t Take Unemployment Compensation Exclusion

The office tasked with overseeing the Internal Revenue Service says the agency hasn’t improved procedures enough when it comes to reviewing amended tax returns.…

Read more about TIGTA Finds IRS Needs More Work on Amended Returns

When taxpayers file an amended income tax return, it’s up to the Internal Revenue Service to review that return before it can be accepted. If the amended return includes a refund or a claim of less…

Read more about Audit Finds Some Amended Returns Going Unchecked for Fraud

With 131 Million Returns Filed, Millions of Amended Returns Expected As of April 18, almost 46 million returns were e-filed from home computers, more than the total from home computers for all of…

Read more about With 131 Million Returns Filed, Millions of Amended Returns Expected