by | Aug 25, 2020 | Tax Tips and News
IRA owners, beneficiaries and workplace retirement plan participants who got a Required Minimum Distribution (RMD) this year have until Aug. 31 to rollover or repay the distribution in order to avoid being taxed on the payments. The Coronavirus Aid, Relief, and...
by | Aug 22, 2020 | Tax Tips and News
The Internal Revenue Service and its partners on the Security Summit are reminding the nation’s tax professionals that having a written information security plan is more than just a good idea—it’s the law. The Security Summit is made up of representatives from the...
by | Aug 19, 2020 | Tax Tips and News
Receiving a tax refund might be the only thing people like about filing their return, and it looks like some taxpayers are about to get just a little more money from the Department of Treasury. The Internal Revenue Service today announced that it “will send interest...
by | Aug 18, 2020 | Tax Tips and News
The Internal Revenue Service today recommended that taxpayers with an expiring Individual Taxpayer Identification Number renew it early to make sure their tax year 2020 refund isn’t delayed. Normally an important financial boost for households across the country, this...
by | Aug 15, 2020 | Tax Tips and News
The Internal Revenue Service is reminding owners of most heavy highway vehicles to timely file their Form 2290, Heavy Highway Vehicle Use Tax Return. The highway use tax applies to those motor vehicles with a taxable gross weight of 55,000 pounds or more. Generally,...
by | Aug 13, 2020 | Tax Tips and News
The humble phishing scam is one of the oldest grifts in the Digital Age. Despite their age, these scams remain remarkably effective. Part of that success is derived from constant evolution, and the Security Summit is dedicating the fourth installment of its “Working...
