by | Dec 22, 2020 | Tax Tips and News
According to reporting from The Hill, Congress is poised to vote on a second coronavirus relief package. The bill is expected to pass Congress and land on the president’s desk later today, greenlighting $900 billion in aid that will include direct payments, unemployment benefits, and additional Paycheck Protection Program funds.… Read more about $900 Billion in Coronavirus Relief Includes Direct Payments, Unemployment Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by | Dec 18, 2020 | Tax Tips and News
A government audit says that allowing taxpayers to electronically correct their returns is more than just good customer service—it’s good business.… Read more about Expansion of E-file Self-Correction Could Cut Taxpayer Hassle and Costs (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by | Dec 17, 2020 | Tax Tips and News
The Internal Revenue Service has issued Revenue Ruling 2021-01, which lays out the prescribed rates for various income tax purposes.… Read more about Guidance Released for Some Debt Instruments Issued for Property (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by | Dec 15, 2020 | Tax Tips and News
The Internal Revenue Service has issued Notice 2020-86, addressing certain parts of the SECURE Act that affect safe harbor plans—including safe harbor 401(k) plans and some 403(b) plans.… Read more about New IRS Guidance Eases Burdens on Certain Safe Harbor Plans (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by | Dec 11, 2020 | Tax Tips and News
Final regulations have been issued on the deduction for qualified transportation fringe and commuting expense.… Read more about Final Regs Issued for Transportation, Commuting Expense; Some QOF Filers to Get Letters from IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by | Dec 10, 2020 | Tax Tips and News
The tax-filing season will be upon us before we know it, so the Internal Revenue Service is urging taxpayers to take actions now to help ensure they can file timely and accurate returns in 2021.… Read more about What’s New, What to Consider When Filing in 2021 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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