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Along with the changes to IRS Form W-2 for tax year 2016 and thereafter under the Protecting Americans from Tax Hikes (PATH) Act of 2015, there have been changes to the deadline and penalties associated with IRS Form 1099-Misc, and Form 1099-K as well. The following is an overview by A.G. Tax analysts on the...
The U.S. Internal Revenue Service (IRS) recently announced that it will be delaying Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) refunds until February 15th, 2017 in order to process filed tax returns that claim EITC and ACTC. Delay in EITC & ACTC Refunds until February 15th, 2017 This delay is being driven by...
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