Tax Blog
Tips to help you prepare for tax season
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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Wants Farmers and Fishermen to Remember March 2 Deadline
If any of your clients make two thirds of their gross income from farming or fishing, they may need to file a Form 1040 and pay tax due on Monday.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Allowing Fraudulent Credits to Go Through, Audit Finds
The federal office tasked with overseeing the Internal Revenue Service says fraudulent claims for refundable credits are going through – in spite of the tools Congress gave the agency to stop them.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Highlights the Credit for Other Dependents
The IRS is continuing its taxpayer-education outreach by highlighting the Credit for Other Dependents in a recent press release.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Tennessee Tornado Victims Get Tax Relief from IRS
Victims of the recent tornadoes that swept through Tennessee have gotten some tax relief from the Internal Revenue Service.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
