In these times of uncertainty, governments all over the world are taking unprecedented action to support people who have been adversely affected by the COVID-19
With the impact of the COVID-19 crisis affecting people all over the country, the Internal Revenue Service and the Treasury Department have said that the
The IRS is planning to create a new, online portal called “Where’s My Economic Impact Payment” where people can obtain details about their payment from the economic
Article Highlights: Filing Due Date Postponement Payment Due Date Postponement Extensions Late Filing and Late Payment Penalties Required Minimum Distributions 2019 IRA Contributions Distributions of
According to Treasury Secretary Steven Mnuchin, “Treasury and the IRS are extending tax deadlines for fiscal year businesses, tax-exempt organizations and more than 270 other
Article Highlights: Non-Filer Information for Recovery Rebates “Get My Payment” Words of Caution Who Should Use the Non-filer Tool? Reduced Payments The IRS has a free,
May 11 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during April,
As tax season approaches, the annual rush to gather documents, crunch numbers, and meet deadlines can be overwhelming. Amid the seriousness of tax preparation, it’s
Article Highlights: CARES Act Relaxed Restrictions Contribution AGI Limits Charitable Contribution Deduction for Non-itemizers IRA to Charity Transfers Substantiation Requirements Scammers To encourage charitable contributions
Article Highlights: Economic Impact Payments What Rebates Are Based Upon Non-Filers Get My Payment Auto-Deposit and Addresses Family Makeup & Income IRS Q&A The IRS
