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IRS Provides Tax Relief to Rhode Island Storm Victims

CPA Practice

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted federal tax relief for taxpayers impacted by severe storms in parts of Rhode Island. The relief includes extensions for various tax payment and filing deadlines. 2023 quarterly estimated income tax payments normally due on Jan.

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IRS Provides Tax Relief to Rhode Island Storm Victims

CPA Practice

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted federal tax relief for taxpayers impacted by severe storms in parts of Rhode Island. The relief includes extensions for various tax payment and filing deadlines. 2023 quarterly estimated income tax payments normally due on Jan.

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IRS Tax Relief for Taxpayers Impacted by Severe Storms in Rhode Island

Withum

The taxpayers eligible for relief under this information release now will have until June 17, 2024, to file various federal individual and business tax returns and to make tax payments. Please note that, as of this time, Rhode Island has not provided an extension of time to file the state income tax returns.

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April 15 is Tax Deadline for 2024, But Some Taxpayers in These States Will Get More Time

CPA Practice

Also, individual states may or may not conform their state tax deadlines to the extended federal tax deadlines. Here’s a list of states with IRS tax deadline extensions for 2023 federal income tax returns (normally filed in early 2024) and other details you need to know if you’re in an impacted area. 10 to Sept.

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State Legislative Update: Tax Relief Opportunities and New Tax Obligations Enacted in 2022

ThomsonReuters

The tax credit is referred to as a “relief rebate.” ” To receive the tax credit, a person must have been a resident individual for the 2020 tax year, must have timely filed a Delaware resident personal income tax return, and must be living as of the date the credit is issued.

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IRS Extends Tax Filing Deadline in 10 Maine Counties Following Severe Storms

CPA Practice

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted Maine tax relief to areas of the state impacted by severe storms late last year. Affected taxpayers now have extended tax deadlines of June 17, 2024, to file certain tax returns and make tax payments. 17, 2023, through June 17, 2024.

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The Accounting Technology Lab Podcast: Jan. 2024 – Recap of Thomson Reuters Synergy Conference

CPA Practice

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. That’s the CEO about the allocation of AI to tax and accounting.