by | Sep 24, 2020 | Tax Tips and News
The IRS suggests electronic filing and payment options. More than 150 million tax returns have been sent to the Internal Revenue Service, but many taxpayers still need to file for tax year 2019. That’s why the IRS recently reminded taxpayers that the extension...
by | Sep 24, 2020 | Tax Tips and News
Anyone who has prepared tax returns professionally knows that change is the rule, not the exception. When tax laws change, the Internal Revenue Service has the unenviable task of making sense of legislation or executive actions that directly impact the tax industry....
by | Sep 24, 2020 | Tax Tips and News
Many Oregon taxpayers are dealing with the damage caused by recent wildfires and severe storms. While victims have been forced to flee their homes beneath a smoky, orange sky, at least they have one less thing to worry about: The looming October 15 tax extension...
by | Sep 24, 2020 | Tax Tips and News
Some nine million letters are being sent later this month in a special mailing to people who haven’t had a need to file a tax return but may qualify for a Economic Impact Payment (EIP). The letters will encourage them to see if they’re eligible for an EIP. The notices...
by | Sep 24, 2020 | Tax Tips and News
American agriculture is in the grip of a major drought, with many farmers and ranchers forced to sell off major portions of their herds to avoid starvation. While the Internal Revenue Service can’t make it rain, the IRS can give struggling livestock producers other...
by | Sep 12, 2020 | Tax Tips and News
The Internal Revenue Service has good news for practitioners and taxpayers who speak a language other than English: Tax information and assistance is being translated into more languages than before. The language upgrade features a big boost to Spanish speakers, who...