by taxPRO Websites Staff | Apr 22, 2020 | Tax Tips and News
Tax Policy – Tax Policy After Coronavirus: Clearing a Path to Economic Recovery
Short-term policies to “stimulate” economic growth after COVID-19 run the risk of producing short-term results and would likely prove insufficient and ineffective for sparking...
by taxPRO Websites Staff | Apr 21, 2020 | Tax Tips and News
Social Security Administration (SSA) and Railroad Retirement Board (RRB) beneficiaries with dependents need to report that information to the IRS before April 22 at noon to receive $500 for each qualifying child at the same time as their $1,200 EIP.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 21, 2020 | Tax Tips and News
A recent audit is pointing up the need for additional attention from the IRS on just how taxes are collected from an emerging sector of the economy: the marijuana industry.… Read more (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by taxPRO Websites Staff | Apr 21, 2020 | Tax Tips and News
IRS Tax News – Guidance sought on employee retention credit
In a letter to Treasury and the IRS, the AICPA pointed out several issues involving the new employee retention credit that need clarification and guidance.
Source: IRS Tax News –...
by taxPRO Websites Staff | Apr 21, 2020 | Tax Tips and News
IRS Tax News – Deadline looms for nonfilers to register for child stimulus payments
Social Security and Railroad Retirement beneficiaries who didn’t file 2018 or 2019 tax returns must enter their children’s information by noon EDT on Wednesday, April 22,...
by taxPRO Websites Staff | Apr 21, 2020 | Tax Tips and News
IRS Tax News – IRS explains how to file returns to receive economic impact payments
The IRS issued guidance on how to file tax returns in order to receive an economic impact payment for taxpayers who do not normally file income tax returns or who have zero...