Did You Know That the IRS May File a “Substitute for Return” from FATCA Report Account Holder Information?

Foodman CPAs & Advisors
Contact

Did you know that, under Internal Revenue Code, Section 6620, if a taxpayer does not timely file a U.S. tax return, the IRS is authorized to prepare and file a U.S. tax return for that taxpayer based on the knowledge that it has on hand? The return prepared by the IRS is called a Substitute for Return (SFR).

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Foodman CPAs & Advisors
Contact
more
less

Foodman CPAs & Advisors on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide