Category: IRS Updates

Aid for Texans from the IRS

Requesting an advance on your tax credits due to COVID-19.

What to expect for reporting in the first quarter of 2021.

Providing copies of Form W-2 electronically.

The year is wrapping up and we can’t say that we’ll be sad to see 2020 go! However, before you begin planning your virtual Christmas parties, let’s talk

Here is a guide to navigating the changes to these forms.

Here is what small businesses seeking loan forgiveness must know.

To ease the stress of figuring out these new drafts, TaxBandits is breaking them down for you!

Here is the latest update from the IRS on Form 941-X, The Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. 

Here is a quick guide to navigating this payroll tax deferral and reporting it for the 3rd quarter.