This article was published by the IRS. Check IRS.gov for the latest information: No action needed by most people at this time. The Treasury Department and the Internal Revenue Service have announced that distribution of economic impact payments will begin in April and will be distributed automatically, with no action required for most people. However, some [...]
Along with the paramount health concerns right now, you may be wondering about some of the recent tax changes meant to help everyone coping with the coronavirus fallout. I want to update you on the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress' gigantic economic stimulus package that the President signed [...]
With stay-in-place guidelines extended due to the continuing spread of coronavirus, our offices will remain closed to the public at least through April 30, 2020. We have (understandably) been receiving many questions from our clients about taxes, as well as asking for clarification about recently enacted legislation impacting both individuals and small businesses. Unfortunately, we do [...]
Our entire financial landscape has changed over the last couple of weeks as the Coronavirus has brought our economy to a screeching halt. But with all these changes, there are some temporary measures that have been implemented to help you and your family stay afloat. Here are three: Deferred payments. Many utility companies have announced that [...]
The following article was published by the IRS. With scam artists hard at work all year, taxpayers should be on the lookout for a surge of evolving phishing emails and telephone scams. Taxpayers should watch for new versions of two tax-related scams. One involves Social Security numbers related to tax issues. The other threatens taxpayers with [...]
