IRS Releases “People First” Initiative
The IRS has unveiled a large series of steps providing relief on a number of fronts, ranging from easing payment guidelines to postponing compliance actions.…
The IRS has unveiled a large series of steps providing relief on a number of fronts, ranging from easing payment guidelines to postponing compliance actions.…
Scammers are trying to capitalize on millions of taxpayers anticipating stimulus money by deploying phone- and email-based phishing scams.…
The agency has shut down all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice.…
CPA Practice Advisor published its 2020 Readers’ Choice Awards, which asks respondents to rate their experience with tax preparation-related software and equipment. Drake Software customers once again gave Drake Software products the highest satisfaction ratings in five categories: Federal/State Income Tax Compliance, Tax Planning Systems, Document Management and Storage, 1099/W-2 Compliance, and Client Portals.…
The Treasury Department, along with the IRS and the U.S. Department of Labor, have unveiled a package of tax credits for small and midsize employers can use to “immediately and fully” reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to employees.…
Taxing Subjects has begun a list of state individual income tax return deadlines affected by the COVID-19 outbreak. We will update this list as we receive new information.…
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.…
COVID-19 has disrupted daily life for taxpayers across the country. Whether due to school closures or businesses shutting down, change is the one thing that feels inevitable.…
With the United States beginning to feel the effects of the coronavirus pandemic, many taxpayers will have to confront another harsh reality: how to pay for the advanced medical care that could be needed to save their lives.…
Taxing Subjects has another filing season update on the latest episode of the Taxing Subjects Podcast.…
