by | Sep 10, 2020 | Tax Tips and News
The Internal Revenue Service says it will start sending out letters this month to a group of taxpayers that may have missed out on receiving Economic Impact Payments (EIPs). The letters, aimed at some 9 million Americans who don’t normally file a federal income tax...
by | Sep 9, 2020 | Tax Tips and News
When the Internal Revenue Service announced this summer, it was temporarily expanding the use of e-signatures on IRS forms, a number of professional tax groups applauded. One of those is the American Institute of CPAs (AICPA). Now the group is recommending the...
by | Sep 1, 2020 | Tax Tips and News
Businesses that were wondering how to handle the upcoming “payroll tax holiday” created by a Presidential Memorandum signed earlier this month received an answer late last week. The Internal Revenue Service published a notice that explains the upcoming Social Security...
by | Aug 29, 2020 | Tax Tips and News
The Internal Revenue Service has approved the use of e-signatures on certain forms that can’t be filed electronically. The move comes in response to the coronavirus pandemic, in order to protect the health of taxpayers and tax professionals alike. The change helps...
by | Aug 27, 2020 | Tax Tips and News
Some 50,000 individuals who had a portion of their Economic Impact Payment diverted to pay their spouse’s past-due child support will soon get a check to make up the difference. The Internal Revenue Service says the catch-up payments are due to be issued in...
by | Aug 26, 2020 | Tax Tips and News
Taxpayers in California and Iowa have a little extra time to file their tax returns and pay tax due, thanks to relief measures announced by the Internal Revenue Service. Victims of California wildfires getting IRS disaster relief. California has been hit by a series...