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IRS Undercover Travel Expenses Audited

by Upstate Tax Professionals | May 22, 2020 | Tax Tips and News

The Inspector General’s auditors looked at 49 vouchers from the 2018 fiscal year that included expenses from undercover travel.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Treasury Sending Prepaid Debit Cards to Some EIP Recipients

by Upstate Tax Professionals | May 22, 2020 | Tax Tips and News

The Treasury Department announced that “EIP Cards” will be issued to some Economic Impact Payment recipients.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

Tax Relief for Families in Europe

by Upstate Tax Professionals | May 21, 2020 | Tax Tips and News

Tax Policy – Tax Relief for Families in Europe Most countries provide tax relief to families with children—typically through targeted tax breaks that lower income taxes. While all European OECD countries provide tax relief for families, its extent varies...

IRS Adding More Operators for EIP Calls

by Upstate Tax Professionals | May 21, 2020 | Tax Tips and News

The Internal Revenue Service says it is in the process of hiring 3,500 additional telephone representatives so that taxpayers can get answers to their questions about Economic Impact Payments.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

HSA contribution limits increase for 2021

by Upstate Tax Professionals | May 20, 2020 | Tax Tips and News

IRS Tax News – HSA contribution limits increase for 2021 The IRS issued its annual inflation-adjusted contribution limits for contributions to health savings accounts permitted to participants in high-deductible health plans. Most of the amounts increased...
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