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Abilene Texas W-4 Form 2022: What You Should Know

IRS) Tax Law Revision and Payment of Tax Bill | Abilene, TX For additional information on this issue, refer to the 2 Tax Law Amendment and Publication 5, 2023 Amendments to the Internal Revenue Code (IRS). The 2023 tax law amendment allows you to pay the remaining balance of a 2023 tax bill without an assessment of penalties and interest. (IRS) Tax Law Revision 2023 – 2023 Page | Abilene, TX The 2023 IRS Tax Law Revision addresses the following: changes to section 481 to increase the maximum amount of tax refundable, increase section 6721(e)(6) and extend the time to pay taxes due. The 2023 revision allows taxpayers to make a new deposit of an amount equal to the amount of future tax payment that is not assessed a penalty or interest, or the balance remaining from a previous year payment. As with previous years you should not make payment for a prior year until IRS is ready for you to begin making payments.   The 2023 revision (IRS Publication 5, 2023 Amendments) changes the method for determining the tax due amount. The 2023 revision was effective in July 2017. The current tax law revision applies for tax periods beginning after the effective date of the new tax law revision. (IRS) 2023 Tax Law Revision — Tax Payment and Payment Due Dates Page | Abilene, TX For more information on the 2023 revision of the Internal Revenue Code (IRS), IRS Publication 5, 2023 Amendments, the 2023 Tax Law Revision, and Publication 4, Self-Employment Income Tax, see the following pages of this website or contact the CPA firm. CPA Help | Abilene, Texas For additional information about self-employment tax, click here and see here or contact the CPA firm. CPA Help | Abilene, Texas For additional information about tax law change, click here.

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