Iowans urged to wait to file taxes as unemployment rules shift
BPC Staff Mar 11, 2021 | 5:12 pm
<1 min read time82 wordsAll Latest News, Banking & Finance, Iowa News
Des Moines Register: With Congress passing a COVID-19 relief package Wednesday that includes tax forgiveness for unemployment benefits — and with the Iowa Legislature debating a similar proposal — Iowa accountants are telling clients to pause any filings. If they submit their forms to the Internal Revenue Service before changes take effect, they will later have to follow up with amended forms. Those those amendments could delay any benefits that clients receive, as they pile more paperwork on the Internal Revenue Service.
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