Tax Blog

The Internal Revenue Service and its Security Summit partners routinely raise awareness about data security issues threatening the financial health of taxpayers. Unsurprisingly, they’re not the only agency trying to protect you from con artists.… Read more about FTC Warns of Scams in “12 Days of Consumer Protection” Campaign (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

According to reporting from The Hill, Congress is poised to vote on a second coronavirus relief package. The bill is expected to pass Congress and land on the president’s desk later today, greenlighting $900 billion in aid that will include direct payments, unemployment benefits, and additional Paycheck Protection Program funds.… Read more about $900 Billion in Coronavirus Relief Includes Direct Payments, Unemployment Benefits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

A government audit says that allowing taxpayers to electronically correct their returns is more than just good customer service—it’s good business.… Read more about Expansion of E-file Self-Correction Could Cut Taxpayer Hassle and Costs (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

While it seems our world is on the edge of big changes for the coming year, the IRS is keeping some things status-quo for now. The Internal Revenue Service says interest rates will be the same for the calendar quarter that starts Jan. 1, 2021.… Read more about Interest Rates the Same for 2021’s First Quarter (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

The tax-filing season will be upon us before we know it, so the Internal Revenue Service is urging taxpayers to take actions now to help ensure they can file timely and accurate returns in 2021.… Read more about What’s New, What to Consider When Filing in 2021 (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Final regulations have been issued on the deduction for qualified transportation fringe and commuting expense.… Read more about Final Regs Issued for Transportation, Commuting Expense; Some QOF Filers to Get Letters from IRS (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…