The College Investor on MSN

How To File An Amended Tax Return

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...
Self Employed on MSN

New Guidance Clarifies Tax Elections, Amendments

Federal tax authorities released a revenue procedure offering step-by-step instructions for taxpayers navigating a ...

IRS Adds New Reporting Code for Charitable IRA Gifts

Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025.
The Tax Adviser

R&D tax credits: A new era of disclosure and documentation

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...