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TIGTA Says This Tax Season Presents Uphill Climb to IRS

by taxPRO Websites Staff | Apr 15, 2020 | Tax Tips and News

TIGTA published its interim report, detailing tax-season challenges for the IRS that range from recent legislation to the COVID-19 outbreak.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

PTIN fee will be lower when it is reinstated

by taxPRO Websites Staff | Apr 15, 2020 | Tax Tips and News

IRS Tax News – PTIN fee will be lower when it is reinstated The IRS has proposed to lower the fee it charges for preparer tax identification numbers (PTINs) when PTIN fees are reinstated. Source: IRS Tax News – PTIN fee will be lower when it is...

IRS launches website for tracking stimulus payments

by taxPRO Websites Staff | Apr 15, 2020 | Tax Tips and News

IRS Tax News – IRS launches website for tracking stimulus payments The IRS announced the launch of its “Get My Payment” website, which is designed to permit people who filed tax returns to enter their direct deposit information and check the status of...

Can States Close Budget Deficits with Excise Tax Hikes?

by taxPRO Websites Staff | Apr 15, 2020 | Tax Tips and News

Tax Policy – Can States Close Budget Deficits with Excise Tax Hikes? Key Findings: The coronavirus pandemic affects almost every source of state revenue, and with the duration unknown, predicting economic outcomes will be difficult. Social distancing,...

How Well-Funded Are Pension Plans in Your State?

by taxPRO Websites Staff | Apr 15, 2020 | Tax Tips and News

Tax Policy – How Well-Funded Are Pension Plans in Your State? The most recent data from The Pew Charitable Trusts, released in July of 2019, shows the strain on state retirement systems nationwide as state pension funds strive to keep pace with benefits...
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