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6 Points Congress Must Include in Next Covid Relief Package
The AICPA says that Congress must address taxes, PPP forgiveness, remote work issues, local government support and liability protections in the next round of Covid relief.
The AICPA says that Congress must address taxes, PPP forgiveness, remote work issues, local government support and liability protections in the next round of Covid relief.
For those who missed the July 15 tax deadline and didn’t request an extension, the Internal Revenue Service reminds taxpayers about some important tips, including filing electronically as soon as possible to reduce potential penalties.
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, waives required minimum distributions during 2020 for IRAs and retirement plans, including beneficiaries with inherited accounts.
Tax sheltering and land investing go hand-in-hand. That’s because there are a myriad of tax sheltering options from which to choose, including 1031 exchanges, Delaware Statutory Trusts (DSTs), depletion of tax ...
Leaders from five international tax organizations are marking the two-year anniversary of the formation of the Joint Chiefs of Global Tax Enforcement (J5) this week. The J5 includes the Australian Taxation Office (ATO, the Canadian Revenue Agency (CRA), the Dutch Fiscal Information and Investigation Service (FIOD), Her Majesty’s Revenue and Customs (HMRC) from the UK […]
This year, the Dirty Dozen focuses on scams that target taxpayers. The criminals behind these bogus schemes view everyone as potentially easy prey. The IRS urges everyone to be on guard all the time and look out for others in their lives.
The IRS issues nine out of 10 refunds in less than 21 days, and the fastest way to get a refund is to use IRS e-file and direct deposit. Taxpayers should also know they can have their refunds divided into up to three separate accounts.
In March 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide emergency assistance and healthcare response for individuals, families, and businesses affected by the Coronavirus pandemic. The Small Business Administration (SBA) received funding and authority through the CARES Act to modify existing loan programs to assist small businesses […]