What You Need to Know About the People First Initiative
The IRS introduced the People First Initiative in March to help relieve some of the financial impact of COVID-19 on taxpayers.
Does Your Business Qualify for the Research Tax Credit?
For businesses, the tax code provides a tax credit of up to 20% of qualified expenditures to encourage businesses to develop, design or improve products, proces
IRS and Treasury Release the Latest State-By-State Economic Impact Payment Figures
The Treasury Department and IRS released updated state-by-state figures for Economic Impact Payments (EIPs) on May 22, 2020.
Haven’t Filed Past Returns? IRS May File One for You and It Won’t Be Pretty
There are millions of individuals who do not file a tax return each year, many of them simply because their income is below the filing threshold levels for the
Couples and COVID-19: Here are 5 Ways to Work Together During the Pandemic to Protect Your Finances
The coronavirus pandemic has put many people on uncertain ground regarding their finances, so itâs a good idea for couples to discuss their situation and plan
Forced to Return to U.S. From a Foreign Job? IRS Has Provided Time Waivers for Exclusion
The IRS has provided relief for taxpayers who were working abroad and returned to the U.S. because of the COVID-19 pandemic before meeting the foreign residency
Delaying Payment of Old Tax Bills Is A Big Mistake
If you owe the IRS money or want to file an amended tax return, you should be aware that paper filings are being piled up and not processed right now.
Unraveling the Economic Impact Payment Confusion
Millions of Americans have already received their economic impact payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. If you