First Time Abate is going away. The new Automatic Exemption from Penalty grants relief without a call, but transition-year notices need attention.
Recent Taxbytes
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The Department of Education has announced that it will automatically discharge $1.2 billion in loans
2 min read
An Alabama Federal District Court has found the Corporate Transparency Act and its Beneficial Ownership
2 min read
While Tracy Chapman’s “Fast Car” may have found its way back to the top of
1 min read
The IRS has revised its frequently asked questions (FAQs) for Form 1099-K, Payment Card and
4 min read
I know what you’re thinking: if only the Senate would get moving on that House-approved
2 min read
Happy opening day of the 2024 tax filing season, tax pros. While it may not
4 min read
As Congress races the clock in negotiations to keep the government fully funded beyond January
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