business man screaming as tax forms fly around him (Photo: Shutterstock)

(Bloomberg) –Filing taxes last year was a nightmare fortaxpayers, their accountants and the Internal Revenue Service. Thisyear might not be much better.

The IRS is still working to issue guidance for the changes tothe tax code signed into law more than two years ago. Congress alsopassed a series of tax breaks late last year that will require theIRS and tax software providers to revise formsat the last minute, and taxpayers may have to amend returns fromprior years to claim those breaks.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Core and Group Health
Employee-Paid
Employer-Paid
Retirement
Advisor Sales Strategies
Retirement Trends