The Internal Revenue Service today issued a “plus $500” last call for Supplemental Security Income and Veterans Affairs beneficiaries who can claim dependents as part of their Economic Impact Payment.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Internal Revenue Service says it had to delay the Special Enrollment Examination (SEE) tests for Enrolled Agents that was slated for May due to the coronavirus pandemic.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The Tax Foundation found that an excise tax on firearms and other hunting and fishing gear is feeding tax proceeds back into projects that ultimately benefit outdoorsmen paying the tax.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

While non-filers receiving Supplemental Security Income (SSI) and Veterans Affairs (VA) benefits are scheduled to automatically get a $1,200 Economic Impact Payment, the IRS says beneficiaries need to report qualifying dependents before May 5, 2020, to receive an additional $500 per qualifying child with their EIP.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The CARES Act removes an ACA limitation on using FSA, HSA, and HRA funds to pay for over-the-counter medication.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The U.S. Treasury Department and the Internal Revenue Service say they’ve delivered 88 million stimulus payments to taxpayers during the first three weeks of the program.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…