by KSC Professional Services | Jan 14, 2021 | Tax Tips and News
The Internal Revenue Service submitted the Taxpayer First Act Report to Congressional leaders this week. As the name suggests, this 253-page document is required by the 2019 Taxpayer First Act—and it’s an essential step in determining how the IRS will improve the service provided to taxpayers.… Read more about IRS Report Recommends Improvements for the “Taxpayer Experience” (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by KSC Professional Services | Jan 13, 2021 | Tax Tips and News
It’s a busy time for the Treasury Department and the Internal Revenue Service. They’re sending out some 8 million second-round Economic Impact Payments (EIPs) by prepaid debit card.… Read more about Treasury Issuing Millions of EIPs by Debit Card in Second Round (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by KSC Professional Services | Jan 9, 2021 | Tax Tips and News
The Internal Revenue Service this afternoon announced it was working with the tax and financial industry to redirect Economic Impact Payments that were direct deposited in closed, inactive, or “unfamiliar” bank accounts.… Read more about IRS, Tax Industry Working to Redirect Some EIP Direct Deposits (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by KSC Professional Services | Jan 8, 2021 | Tax Tips and News
The Internal Revenue Service has eased the cost of participation in the Paycheck Protection Program (PPP) by allowing deductions for the payment of eligible expenses.… Read more about Eligible PPP Expenses Are Now Deductible (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
by KSC Professional Services | Jan 7, 2021 | Tax Tips and News
The Internal Revenue Service is reminding tax professionals and taxpayers that employers need to file Form W-2 and other wage statements by Feb. 1, 2021.… Read more about IRS Reminds Employers of February Wage Statement Deadline (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
