New Tax Year, Same Client Mistakes
Accounting Today highlights a number of recurring client mistakes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Outlines Tax Relief for Individual, Business Travel Disrupted by COVID-19
The Internal Revenue Service yesterday published a release outlining tax-relief measures that the agency is taking for individuals and businesses whose tax residency could be affected by coronavirus-related travel restrictions.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Six States Could Tax Economic Impact Payments
The Economic Impact Payment (EIP) program designed to ease the shock of halted employment during the coronavirus-related isolation period could experience some unexpected loopholes.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Change Coming for PTIN User Fees?
The Federal Register from Thursday, April 16 included proposed rulemaking that would reduce the cost of applying for and renewing a Paid Tax Identification Number from $33 with a $17 third-party fee to $21 with a $14.95 third-party fee.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Announces Suspension of CAF Service
The Internal Revenue Service announced that the Centralized Authorization File (CAF) service will be unavailable “until further notice” due to the coronavirus epidemic.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…