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It's Tax Day. Options left if you're not ready to file


It’s Tax Day. Options left if you’re not ready to file
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The deadline was already extended to May 17 this year because of the pandemic.
While the Internal Revenue Service is not extending it again, but if you need more time you have the option to file an extension until Oct. 15.
Before filing that extension CPA Joel Chamberlain says to consider a few things.
Are you owed money by the IRS? If so, why not file your taxes and get your money?
Do you owe money? If that’s why you’re not filing, you might want to think again. ....

Joel Chamberlain , While The Internal Revenue Service , Internal Revenue Service , ஜோயல் சேம்பர்லைன் , போது தி உள் வருவாய் சேவை , உள் வருவாய் சேவை ,

Eleven of the IRS's Enforcement Priorities During the 2021 Tax Season | Oberheiden P.C.


Fake refunds with repayment demands
Payroll and human resources (HR) scams
Ransomware
Cannabis
With more states making the push to decriminalize or legalize recreational marijuana, the IRS has provided guidance for companies involved in the legal marijuana industry. This guidance makes clear that companies must strictly comply with all pertinent provisions of the IRC the federal prohibition on selling marijuana (which is still classified as a Schedule I controlled substance) notwithstanding.
As companies flock to the United States’ burgeoning legal marijuana industry, the IRS is paying close attention to these companies’ annual filings. As a result, companies involved in any aspect of the industry, from cultivation to retail sale, must be careful to ensure that they comply with all relevant federal (and state) tax requirements. ....

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