IRS Closes Assistance Centers
The agency has shut down all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice.…
Treasury Announces Tax Credits for Virus-Hit Businesses
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.…
Read more about Treasury Announces Tax Credits for Virus-Hit Businesses
Treasury Secretary Mnuchin Announces New Filing Deadline
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.…
Read more about Treasury Secretary Mnuchin Announces New Filing Deadline
COVID-19 Causes Delay of Tax Payment Deadline
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.…
Read more about COVID-19 Causes Delay of Tax Payment Deadline
IRS Ruling Lets High-Deductible Health Plans Cover Coronavirus Costs
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.…
Read more about IRS Ruling Lets High-Deductible Health Plans Cover Coronavirus Costs
