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…
EIP Alert: April 22 Deadline for SSA and RRB Beneficiaries with Dependents
Social Security Administration (SSA) and Railroad Retirement Board (RRB) beneficiaries with dependents need to report that information to the IRS before April 22 at noon to receive $500 for each qualifying child at the same time as their $1,200 EIP.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
What will Keep Marijuana Taxes from Going up in Smoke?
A recent audit is pointing up the need for additional attention from the IRS on just how taxes are collected from an emerging sector of the economy: the marijuana industry.… 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…
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