by | Apr 6, 2020 | Tax Tips and News
Federal authorities say they’ve arrested a Pennsylvania man in connection with a nationwide IRS impersonation scam. Made in the USA The federal indictment that prompted the arrest was returned against Ronnell Taylor, Jr., 37, of Jeannette, Pa. He was named in a...
by | Apr 3, 2020 | Tax Tips and News
Last Saturday, Taxing Subjects spotlighted a phishing scam that emerged after legislators passed the CARES Act, which distributes economic impact payments to help recover from financial hardships caused by COVID-19. Today, the IRS outlined common tactics used by these...
by | Apr 3, 2020 | Tax Tips and News
One of the ways American business changed with the coronavirus is that thousands—if not millions—of employees are now working from home. The good news is that they’re getting the job done while practicing social distancing. The bad news may be that both workers and...
by | Apr 2, 2020 | Tax Tips and News
The coronavirus pandemic has pushed the IRS to order its workforce to work from home. The IRS issued an email announcing the shift, and Accounting Today magazine obtained a copy of the email. “As a result of recent OPM [U.S. Office of Personnel Management] guidance,...
by | Apr 2, 2020 | Tax Tips and News
Economic Impact Payments are automatic for retirees. The Treasury Department recently dispelled some uncertainty regarding how it would handle economic impact payments for Americans on Social Security. According to the press release, those who rely on Social Security...
by | Apr 1, 2020 | Tax Tips and News
COVID-19 could affect CPE reporting deadlines. The National Association of State Boards of Accountancy (NASBA) on Tuesday announced that it was recommending state boards of accountancy across the country extend their CPE-completion deadlines to accommodate accountants...