Keep up with the latest news in the world of accounting and finance.
Paying “under-the-table” wages is illegal and can result in severe penalties. It also shortchanges employees. Many laid-off workers who were […]
The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in response […]
The IRS has announced that recipients of Veterans Affairs (VA) benefits will automatically receive Economic Impact Payments (EIPs). It noted […]
The IRS has issued guidance for the bonus depreciation technical correction under the Coronavirus Aid, Relief and Economic Security (CARES) […]
As businesses across the country grapple with the economic fallout from the coronavirus (COVID-19) pandemic, many are facing the difficult […]
Are self-employed individuals eligible to defer payment of self-employment tax on net earnings from self-employment income? Under the Coronavirus, Aid, […]
The IRS says its new Get My Payment tool is now up and running. It allows taxpayers to check on […]
The IRS has issued guidance for employers in the form of FAQs on the deferral of deposit and payment of […]
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers entitled to refundable tax […]
As eligible Americans wait to receive their Economic Impact Payments to help mitigate the effects of the coronavirus (COVID-19) the […]
The coronavirus (COVID-19) pandemic may pose a double whammy for seniors. The elderly are extremely vulnerable to medical complications associated […]
The IRS has launched a web tool to help certain taxpayers who don’t file tax returns to receive Economic Impact […]