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Form 1023-EZ is a streamlined version of Form 1023; it was introduced in 2014 [9] [10] because the original Form 1023 can take over nine hours to complete, and many organizations were waiting over a year for review. About 52% of all organizations filed Form 1023-EZ, with an average turnaround time of 9 days.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
The IRS released a software tool called Cyber Assistant in 2013, which was succeeded by Form 1023-EZ in 2014. There is an alternative way for an organization to obtain status if an organization has applied for a determination and either there is an actual controversy regarding a determination or the Internal Revenue Service has failed to make a ...
A rule change that greatly increases the reporting responsibility of third-party payment platforms to issue 1099-Ks to users was supposed to go into effect in 2021. But the IRS postponed ...
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You can put it to work through passive income streams, contribute to growing a retirement fund or pay down high-interest debt. See our guide to the five smartest moves to make with your $10,000.
Former Gov. Tom Wolf gave final approval on Nov. 3, 2022, to legislation aimed at getting owners or operators of some 25,000 vehicles to pay their overdue bills for turnpike usage.
1. Sign in to your My Account page. 2. Click My Wallet. 3. Click Payment Methods. 4. Click Add Credit or Debit Card. 5. Enter the required info. 6. Click Submit.
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