The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million households in mid-July...
Do you still need to file your personal income taxes? Due to the ongoing pandemic, the IRS has extended certain deadlines for individuals which would...
The IRS is delaying the federal income tax filing deadline for individuals for the 2020 tax year until May 17, 2021. While we are waiting on formal...
The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID-19 relief bill Monday night, December 21, which provides $600...
Congressional leaders and the White House have agreed on the next round of COVID-19 relief legislation. After months of waiting and last-minute...
The U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury issued a new interim final rule on August 24, 2020, pertaining...
On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of...
Following a new provision of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Internal Revenue Service (IRS) made an...
According to an announcement by the Internal Revenue Service (IRS) on June 23, 2020, anyone who already took a required minimum distribution (RMD) in...
