It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...
Filing taxes can be challenging, and it’s easy to make mistakes like math errors, missing deductions, or choosing the wrong ...
Tax authorities have issued a new revenue procedure that explains how taxpayers can act on recent law changes, including making elections, filing amended returns, and changing accounting methods. The ...
It’s almost that time of year: Tax season. And while the IRS hasn’t officially announced when tax season begins for 2025, tax experts anticipate the agency will begin accepting returns between Jan. 15 ...
EAST PALESTINE, Ohio (WKBN) — An IRS service event will be held at the end of the week for East Palestine residents who may need to file amended tax returns. The event, made possible through ...
Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...
The IRS released guidance Thursday in Rev. Proc. 2025-28 advising taxpayers how to handle making various elections, filing amended returns, and changing accounting methods for research or experimental ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The imminent December 12, 2025 deadline is only for filing ...