Month: April 2021

New Draft Schedules K-2 and K-3 Announced by IRS

Partnerships and S corporations that will have to report “international tax matters” in 2022 can now review the new draft releases for Schedules K-2 and K-3. The IRS today announced the early release drafts, noting that instructions would follow sometime in the summer.… Read more about New Draft Schedules K-2 and K-3 Announced by IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT

The Internal Revenue Service has released guidance that hikes interest rates and other inflation-adjusted items due to changes driven by the American Rescue Plan Act of 2021 (ARPA).… Read more about IRS Issues Guidance for American Rescue Plan Changes to the CTC, EITC, and APT (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

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