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IRS Releases Form 1040 For 2020 (Spoiler Alert: Still Not A Postcard)

(Forbes) - The Internal Revenue Service (IRS) has released the very-probably-unless-Congress-does-something-soon final version of Form 1040, U.S. Individual Income Tax Return for 2020 (downloads as a PDF). There are several notable changes to the form proposed for the tax year 2020 - the tax return that you'll file in 2021.



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Lesson From The Tax Court: Taxpayer Who Got $1.6m Assessment Reduced To $170k Not Entitled To Costs 
(TaxProf Blog) - To get awards of costs and attorneys fees under §7430, a taxpayer must be a “prevailing party.” Taxpayers who jump that hurdle then face a bunch of other requirements, such as a net worth requirement, a very strict administrative exhaustion requirement and, most difficult of all, the requirement that the IRS’s position in the proceeding was not substantially justified.


IRS: Volunteers Needed for Free Tax Prep Help 
(IRS) - Safety and social distancing, along with virtual options, will be the emphasis now and for the upcoming tax season as the Internal Revenue Service seeks volunteers to provide free tax return preparation through its Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs.


Some Teleworkers Could Be Hit with Surprise Tax Bills 
(JofA) - With many workers unaware of the implications when remote work crosses state lines, CPAs may face frustration and confusion in clients.


How to Connect Your iPhone or iPad to Your TV 
(PC World) - Try these options when you want to view iPhone or iPad content on a bigger screen.


Retirees: The IRS Doesn't Care About Required Minimum Distributions in 2020, But it Will in 20201 
(USA Today) - The reasoning is clear: A portion of money that was once tax-deferred is now required to be recognized as current income so that the IRS can finally be paid its tax revenue. For 2020, however, this requirement has been suspended.


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