(Update: Treasury and IRS changed course and will not require returns.) Each year, about 64 million people collect Social Security benefits: about one family in four receives some kind
Read MoreMonth: March 2020
Watch Out For Stimulus Check Scams And Related Hoaxes
Ugh. The ink is barely dry on the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” – and scammers are already coming up with schemes
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IRS Is Limiting Operations Due To COVID-19 Crisis
Some Internal Revenue Service (IRS) call centers and services are temporarily shutting down in response to COVID-19. COVID-19 is the official name for the infectious
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Why Your High Schooler Or College Student May Not Get A Stimulus Check
COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, Congress passed a massive stimulus package.
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Ask The Taxgirl: Working From Home During COVID-19
Taxpayer asks: Just read your article on Forbes “Working From Home? Your Home Offices Expenses Are Probably Not Tax-Deductible.“ Now, it is as my understanding
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What You Need To Know About Those IRS Stimulus Checks
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, the Senate passed a massive
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Here’s What’s In The CARES Act
(Note: On March 27, 2020, the House approved this bill.) It’s been a long week on the Hill, but the Senate has finally reached an
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IRS Will Limit Collections Activities During COVID-19 Crisis
The Internal Revenue Service (IRS) has announced a series of steps to assist taxpayers impacted by COVID-19. Relief ranges from easing payment guidelines to postponing compliance actions.
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Senate Has Reached Agreement On Stimulus Package
(Update: The bill passed the Senate on 3/25/2020.) “It’s good news,” said Senate Majority Leader Mitch McConnell (R-KY) early Wednesday morning. McConnell continued, “At last,
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10 Ways The Senate & House Stimulus Bills Are Similar
(Update: A compromise bill passed the Senate on 3/25/2020. You can read more here.) Last week, Senate Republican leaders released their version of a stimulus package,
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