Drake Software blog for tax pros, covering tax, IRS news, and more
The Treasury Department announced that “EIP Cards” will be issued to some Economic Impact Payment recipients.…
Read more about Treasury Sending Prepaid Debit Cards to Some EIP Recipients
The Inspector General’s auditors looked at 49 vouchers from the 2018 fiscal year that included expenses from undercover travel.…
The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.…
The Small Business Administration says the PPP loan-forgiveness application is now available on SBA.gov.…
Read more about Now Available: Paycheck Protection Program Loan-Forgiveness Application
The IRS wants help spreading the word about Economic Impact Payments.…
Read more about IRS Sends EIP Information Packets to Partner Organizations
Learn about recent IRS announcements concerning Economic Impact Payments, Virtual Settlement Days, the Special Enrollment Exams, and more in the latest news-roundup episode of the Taxing Subjects Podcast.…
Read more about Economic Impact Payments, Virtual Settlement Days, Delayed EA Exams, and More – E44
The Internal Revenue Service is reminding employers who have been impacted by the Coronavirus pandemic that three new credits are available for them.…
Read more about New Credits Available for Businesses Hit by COVID-19
The Internal Revenue Service announced that Settlement Days will be hosted via teleconferencing platforms due to coronavirus stay-at-home orders.…
The Tax Foundation found that states relying on oil-related taxes could have state revenue shortfalls.…
The Internal Revenue Service reminded low-income Americans who don’t normally file a tax return that they are probably eligible to receive an Economic Impact Payment.…
Read more about IRS Urges Low-Income Non-Filers to Use EIP Reporting Tool
