Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due.…
The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.…
Read more about IRS Spotlights Online Tax Resources for Small Business Week
The American Institute of CPAs is adding its voice to others calling for an expansion of the Paycheck Protection Program (PPP) and seeks to extend the program’s lifespan.…
Read more about AICPA Renews Call for PPP Extension and Expansion
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.…
Read more about Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS
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.…
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 deadline is less than a month away.…
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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).…
Read more about IRS Readies Nine Million Letters to Non-Filers on EIPs
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 deadline.…
Read more about New Extension Deadline for Oregon Wildfire Victims
The Internal Revenue Service says it’s continuing to look for ways to assist taxpayers taxpayers who’ve been affected by the COVID-19 pandemic. To that end, the agency is reminding taxpayers and tax…
Read more about Requests for Letter Rulings Expedited by IRS
The Internal Revenue Service has followed through on its promise to add digital signature capability to more tax forms, enabling an additional six forms to use the feature.…
Read more about More Forms Get Digital Signature OK from IRS
