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Notice 202115 Explanation of Section 214 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020 ByLarry Grudzien Attorney at LawOn Thursday, February 18, the IRS released Notice 202115. This
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Gather all relevant financial documents, such as W-2s, 1099s, and receipts for deductions.
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The IRS helps taxpayers by providing guidance on tax obligations, facilitating tax return preparation, and offering assistance through various programs and resources.
Generally, individuals who earn above a certain income threshold, self-employed individuals, and businesses are required to file taxes with the IRS.
To fill out tax forms, taxpayers can use IRS-provided forms or online tax software, gather necessary financial documents, and follow instructions for accurate completion.
The purpose of the IRS helps taxpayers by ensuring compliance with tax laws, collecting federal revenue, and aiding in the understanding of tax responsibilities.
Taxpayers must report various types of income, deductions, credits, and personal information such as Social Security numbers on their IRS forms.
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