Tax Blog
Tips to help you prepare for tax season
Non-Filer EIP Deadline Now November 21
Americans who don’t normally file a tax return now have more time to apply for an Economic Impact Payment (EIP). The Internal Revenue Service this week announced that the deadline for non-filers to send EIP-qualifying information has been extended to November 21, 2020.… Read more about Non-Filer EIP Deadline Now November 21 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
John McAfee Indicted for Tax Evasion
Cybersecurity pioneer and crypto promoter John McAfee can now add another title to his job description: defendant.… Read more about John McAfee Indicted for Tax Evasion (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Announces ABLE Account Final Regulations
Achieving a Better Life Experience (ABLE) accounts now have final regulations from the Internal Revenue Service. Published last Thursday, this is the latest in a series of recently published final regulations that address changes to programs and rules affected by the 2017 Tax Cuts and Jobs Act.… Read more about IRS Announces ABLE Account Final Regulations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Gives Details on Syndicated Conservation Easement Settlements
As we’ve mentioned before, the Internal Revenue Service has been fighting abusive tax shelters that use syndicated conservation easements as their main vehicle. More details have now been released on how their prosecution may unfold.… Read more about IRS Gives Details on Syndicated Conservation Easement Settlements (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Final Regulations for Business Meals and Entertainment Deductions Now Available
The Internal Revenue Service closed out September by announcing the publication of final regulations for the business-related entertainment deductions that were removed from section 274 by the Tax Cuts and Jobs Act.… Read more about Final Regulations for Business Meals and Entertainment Deductions Now Available (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Default Withholding Rate for Periodic Retirement and Annuity Payments Gets Final Regulations
Final regulations for the default rate of individual income withholding for certain periodic retirement and annuity payments that are made in 2021 are now available.… Read more about Default Withholding Rate for Periodic Retirement and Annuity Payments Gets Final Regulations (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…