Tax Blog
Tips to help you prepare for tax season
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…
Hurricane Sally Victims Get IRS Tax Relief
Taxpayers affected by Hurricane Sally have been given tax relief by the Internal Revenue Service. They now have until Jan. 15, 2021 to file various individual and business returns and make payment of tax due.… Read more about Hurricane Sally Victims Get IRS Tax Relief (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
IRS Spotlights Online Tax Resources for Small Business Week
The pandemic has affected everything in American life, even National Small Business Week. This year, the Internal Revenue Service spent all three days of the event highlighting online resources that can help small businesses dealing with coronavirus-related difficulties.… Read more about IRS Spotlights Online Tax Resources for Small Business Week (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
AICPA Renews Call for PPP Extension and Expansion
The American Institute of CPAs is adding its voice to others calling for an expansion of the Paycheck Protection Program (PPP) and seeks to extend the program’s lifespan.… Read more about AICPA Renews Call for PPP Extension and Expansion (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS
American agriculture is in the grip of a major drought, with many farmers and ranchers forced to sell off major portions of their herds to avoid starvation.… Read more about Drought-Stricken Farmers, Ranchers Get Tax Relief from IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation
Anyone who has prepared tax returns professionally knows that change is the rule, not the exception. When tax laws change, the Internal Revenue Service has the unenviable task of making sense of legislation or executive actions that directly impact the tax industry.… Read more about Final Regulations for Estate and Non-Grantor Trust Deductions, 100 Percent Bonus Depreciation (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
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