Economic Impact Payments Are on Their Way
A special announcement from the IRS: The Internal Revenue Service today urged people to visit IRS.gov for the most current information on the second round of Economic Impact Payments rather …
A special announcement from the IRS: The Internal Revenue Service today urged people to visit IRS.gov for the most current information on the second round of Economic Impact Payments rather …
Does it seem like you just did your taxes? Even though you may have filed your individual return during the summer of last year, your 2020 tax return is due …
The Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 …
College is expensive. Data for the 2019–2020 academic year indicates that the average cost of tuition, fees, room, and board was $30,500. Tax law has provisions to help you cover …
From the IRS: The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or …
From the IRS: The Internal Revenue Service today explained how expanded tax benefits can help both individuals and businesses give to charity before the end of this year. The Coronavirus …
Are you one of the over 11 million Americans who owe the IRS back taxes? The IRS temporarily suspended most collection efforts during the first wave of the coronavirus pandemic …
The IRS has issued new guidance on tax liability for PPP loan recipients. According to the new guidance, taxpayers cannot claim a deduction for any otherwise deductible expense if the …
From the IRS: “The Internal Revenue Service today reminded people who don’t normally file tax returns that they have until Nov. 21 at 3 p.m. Eastern time to register for …
Due to the ongoing pandemic, the IRS reviewed its collection activities to see how it could provide relief for taxpayers who owe taxes but are struggling financially because of the …