Category Archives: Tax Policy

IRS Warns of High Volume on Toll-Free Customer Service Phones; Urges Taxpayers to use Tools for Faster Answers

WASHINGTON – The IRS reminded taxpayers the Presidents Day holiday period typically marks one of the busiest weeks of the tax filing season for its phone lines. There are other alternatives to help taxpayers find answers to commonly asked tax questions. The Internal Revenue Service has several easy-to-use, online tools […]

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Good News for W2 Preparers

The IRS announced Tuesday that it will defer the new requirement for employers to report the cost of coverage under an employer-sponsored group health plan, making that reporting by employers optional in 2011. The draft Form W-2 includes the codes that employers may use to report the cost of coverage […]

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